The crazy thing is, they have a lot of head room to increase pay before it starts to meaningfully impact the quarter trillion in profits they make annually. They’re just fucking greedy.
Yeah, they could pay an average salary of 300k and it would only reduce their profits by 4.6%. 300k would put those workers in the 1% of income earners, I’m sure they’d be happy and productive for the company at those amounts. Even if you account for other types of compensation, it really wouldn’t have that great of an impact on the bottom line. It sure would change the lives of those workers, though.
The crazy thing is, they have a lot of head room to increase pay before it starts to meaningfully impact the quarter trillion in profits they make annually. They’re just fucking greedy.
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Yeah, they could pay an average salary of 300k and it would only reduce their profits by 4.6%. 300k would put those workers in the 1% of income earners, I’m sure they’d be happy and productive for the company at those amounts. Even if you account for other types of compensation, it really wouldn’t have that great of an impact on the bottom line. It sure would change the lives of those workers, though.