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by MisterBastahrd
1129 days ago
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Managers? Define "managers." We just saw multiple banks collapse with zero financial penalty for those who were in charge when it happened, even as they were collecting tens of millions in bonuses. When your compensation is structured in such a way that you can be a monumental failure at your job and you STILL make hundreds of times more than the rank and file employee, then the system is broken. This is an ownership class problem, not manager class. The owners and their lackeys are the ones approving and justifying these insane compensation packages even as companies lay people off. |
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https://www.thenation.com/article/society/cbo-american-wealt...