“Executive pay used to be 30 or 40 times the wages of the lowest paid worker, now it is more like 300 or 400 times.”
The BBC is running an article today outlining common arguments against executive pay that is many multiples of the pay of the average employee in the corporation.
Would it be acceptable of pay was locked at 200 times? What about 250 times? What if shareholders agree to 500 times?