this post was submitted on 14 Aug 2023
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[–] exohuman@programming.dev -2 points 1 year ago (3 children)

Why do pay cuts for managers instead of pay raises for other employees? How is a cut helping anyone?

[–] Infamousblt@hexbear.net 18 points 1 year ago* (last edited 1 year ago) (1 children)

Did you even read the article? The article says the plan includes raises for the lower and middle paid employees that is being paid for by cuts to the upper executives. So they're doing exactly what you proposed

Under the plan, the salary package for employees below mid-level managers was raised by about 10% to 15%, and salaries for higher-level managers were reduced by a similar range, a second source said.

[–] exohuman@programming.dev 6 points 1 year ago

I read the summary. This is good!

[–] robot@hexbear.net 7 points 1 year ago* (last edited 1 year ago)

Why do high-level managers need help?

Cutting their wages leaves more money to pay workers at the bottom.

[–] HumanPenguin@feddit.uk -1 points 1 year ago

They will argue. Pay rise for everyone. Will nject huge amounts of money into the econ. Raising inflation. While this means the low earners gain or lose little. Amd the rich lose much.

It will totally destroy those that cannot work or earn at all. IE retired poor or unemployed.