I find it very offensive that prices in general are still going up pretty fast in a lot of cases even though salaries are barely moving and in a lot of cases actually going down.
There are far too many companies out there that have put policies in place that set a lot of employees up to fail and be let go so they can then hire new people and pay an even lower starting salary even though the companies in general are making profits that are so much larger that lower salaries are just obscene.
Congress and the President really need to put in place a law that make it illegal for anyone in a company to make more than say 100 times more than their lowest paid employees.
There are way to many companies where CEOs are making well over 1000 times what the lowest paid employees are making. I wonder of they are proud of that?
Companies should absolutely make money and CEOs should certainly be paid the most but when you consider that productivity per employee on the average has climbed dramatically over the last several decades but their salaries have either not climbed or in many cases have gone down.
Not every single employee is worth an extraordinary salary because not all are great but very many are great or very good and should be paid decently.
For instance I am not paid a ton of money. I make almost 5 dollars an hour less today than I did over 12 years ago which is disgusting. It would also be pretty darned nice if todays companies would actually hire and pay based on experience. It is obscene to go into a company with well over a decade of experience with the same type of job and started at a salary that is less than what you started at over 10 years earlier.
It just needs to be made illegal to set employees up for failure so you can keep pay rates obscenely low. I am not the lowest paid person but I have been forced into bankruptcy which means I have now lost my house. I am moving into a very nice small home but the rent is going to be around 48% of my take home pay which will make things not terribly easy although the bankruptcy has ended some of the things I owe people but it should be illegal to pay people so little that the average rent is over 30% of their take home pay.
