Thread:Johnny-Swing/@comment-30901611-20180426202029/@comment-30901611-20180430203127

What would I know about it? To give some reference of my "personal" knowledge a CEO can cut the pay due to saving money due to debt problems which happens at several private companies because the CEO can pass things without the assurance of anyone else because he/she owns the company. The obviously pay gaps documented by many companies, just to name a few, Honeywell, 333 CEO: 1 Worker, Teva Pharm., 302 CEO: 1 Worker, Umpqa 55:1.

What do I know about pay being cut? Well, say one person needs to be let go because their work was excellent but they could easily replace one (say by machine) they would let them go without further notice, I'm not saying the CEO is bad but they don't deserve 333 as much as one worker.

Trade Unions are not forced but can be decided to be created by an understanding of law if the people want it created; do you want workers to be fairly paid or not? According to several sources the median of CEO pay is 10,000,000 of all CEO's, if a worker makes an higher average income (In Canada) 60,000 the CEO makes 166x that of a worker for this example.

https://www.payscale.com/research/CA/Employer=Statistics_Canada/Salary.

-Will be continued