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by photochemsyn
1203 days ago
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I just looked up the the top CEO salaries of non-profit organizations in the USA - as of 2020, they ranged from about $16 million to $8 million. A non-profit appears to simply be a 'non-stock corporation' and can have the same ridiculouly pyramidal compensation structures that shareholder corporations do. Overhauling the legal definition of non-profit to require the highest-paid employees to make no more than ~10X as much as the lowest-paid employees would make a lot of sense. |
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Very easy to work around by outsourcing most operations. If you really want to prevent high salaries there you'd need to link it to some more fixed measure, such as a multiple of median salary.