What if wages for everyone in a company are regularly voted on by the rest of the company? For example, if the manager isn’t doing their job, their wages are lowered by vote. If the manager tries to lower the wages of the workers to a horribly low level, it could either a) be overruled by the majority, or b) the manager’s wages are lowered suit, pressuring them to increase it.
This is probably a really stupid idea that is extremely prone to corruption, but why?
edit: yep this really is a stupid idea
edit 2: someone mentioned that this is kinda like trade unions, where workers can negotiate pay, but in a really horrible method where it becomes a “popularity contest”.
I do think that someone else’s idea of keeping the every employee’s wages some % of the manager/CEO/whatever’s wages so that they aren’t incentivised to keep inflating their wages is pretty decent.
yeah my idea is stupid. Your idea of setting wages based on experience could be good
Its not stupid to be optimistic. Every good thing starts with optimism as far as I know