> Fair Share?

Fair Share?

Posted at: 2015-07-28 
If somebody worked at a minimum wage job at a very profitable company, and that company does super good in terms of sales, is it fair for the minimum wage worker to not get a piece of the pie? I heard that at walmart the minimum wage workers deserves minimum wage since the skills for the job are not worth much. However what do you do if walmart does real good in sales? Does some of the extra money go to the minimum wage workers or does all of it go to the ceo's who already are insanely wealthy? My main question is do you think it is fair for ceo's to make such huge amounts of money while the workers get minimum wage? Even though the ceo's could easily give up some of their insanely amounts of money and still be insanely wealthy to help the workers get better pay and overall help society? I feel it is sad that government has to force greedy companies to pay workers fairly.

Sure it is fair. What capital did the employee risk? None. Most companies do pay employees fairly. Pay for employees is based on supply and demand for those individuals with specific skills. There are millions upon millions of people that can do entry level work, as a result there is NO need to pay them a ton of money. There are very few people that have the skills to be a CEO. CEO's make decisions that can cost the company and as a result the share holders billions of dollars. Good CEO's are worth very penny they make. What value can the typical minimum wage work contribute to the company... certainly nothing when compared to a CEO, CFO, COO, CIO or CMO. If you want to make more money, learn a skill that brings value to a company.

That's capitalism for you. Companies have a vested interest to pay labor as little as possible to maximize profits for shareholders. Unless the employee has a share in the company they really don't have any say in what's going on, no matter how hard they work. And even if they have a slice, it's usually so inconsequential as to make a difference in a behemoth corp like Walmart

The people that helped make the company profitable always earn high pay raises, the slackers get kicked to the curb. If you can't stand the heat, get out of the kitchen.

No company would do that. They would prefer pocketing all the profits than sharing. They might share it, but only to stock holders and executives.

See this blog for more noteworthy work related topics, http://bitly.com/1omMNdz .

FairShare is an idea for a voluntary investment-based patronage system to replace patents and copyright while still ensuring that artists are fairly compensated.

Fair Share stands for an America where everyone gets their fair share, does their fair share, and pays their fair share; and where everyone plays by the same rules.