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Poverty

In reply to the discussion: Talk About Inequality [View all]

HeiressofBickworth

(2,682 posts)
2. The problem with "averaging" wages and bonuses
Sun Nov 1, 2015, 11:31 PM
Nov 2015

is that it masks the disparity in wages and bonuses. For example, a coffee shop with 4 minimum-wage workers is visited by Bill Gates. What then is the average income of the people in the room? See how that works? So, with Facebook, saying they average 210,000 in pay does not actually represent the pay structure.

So what, you might ask? Well, the amount of taxes they pay (or more likely, DON'T pay) compared to individual wages, may reveal an inequity that is unconscionable.

So come on, Facebook, stop obfuscating with averages and totals. Just what is the difference between the lowest-paid workers and the highest-paid workers. How many times more does the CEO make than the lowest-paid worker. These figures give us a better picture of the ethics of the company.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Talk About Inequality [View all] unhappycamper Oct 2015 OP
that is a huge elephant in the room w0nderer Oct 2015 #1
The problem with "averaging" wages and bonuses HeiressofBickworth Nov 2015 #2
I like the way you think. nt malokvale77 Dec 2015 #3
Latest Discussions»Issue Forums»Poverty»Talk About Inequality»Reply #2