Quote:
Originally Posted by llwhiteoutll
They aren’t on the hook for debt or other liabilities though.
If they want a “fair share” of the profits, then they should be paying their “fair share” of costs and accepting the same liabilities as the owners. They should also be buying into the company when they join, not just getting hired on with no investment
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What about the investment of their lives to help prosper the owner's business?
Does having a base-level employee's wage increase from $8/hr to $10/hr on the backs of billions in corporate profit mean bring them to the level of having to be sharing the same liability as their owners and CEOs still making millions or hundreds of millions?
I have no problem with the wages being rolled back with corporate loss as well (as long as it goes across the board). In that instance the company would have the choice all businesses have: roll back wages and keep all employees, or cut employees to keep the wage function intact. If your business can't function by physically losing those employees, well then maybe you should be allocating some more profits to your lower-employees and looking at taking a bit from the top-end.