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The New York Times Company made $2.4 billion in revenue in 2023, and our CEO gave herself a 36% raise, while members of our unit were given around 3% with persistent wage gaps for women and people of color.
#ReadyToStrike #Union #Unions #Tech #Election #Election2024 #Labor #Strike #CollectiveBargaining #Contract #NewsGuild #CWA #Solidarity
That depends on your values. If your values say quantifying how much workers stand to gain if they shut down exorbitant C-suite wages, then good for you.
In most cases decreasing the CEO wage increase to increase workers would only increase workers wages by a tiny amount. That’s almost never the point. The point is that giving the CEO a bigger raise than the workers is a mockery of who actually produces anything.
Does it matter?
That depends on your values. If your values say quantifying how much workers stand to gain if they shut down exorbitant C-suite wages, then good for you.
In most cases decreasing the CEO wage increase to increase workers would only increase workers wages by a tiny amount. That’s almost never the point. The point is that giving the CEO a bigger raise than the workers is a mockery of who actually produces anything.