Billionaires Barry Diller and Steve Cohen added to four-day workweek debate as support for the idea rises and companies that made the move say it's a win.
Sure, I work in healthcare and any clinician (nurse, doc, etc.) would be seriously impacted. It’s an industry where most companies are in the red, especially post-COVID. Cutting hours would be impossible.
But, there is also an argument to be made that we need to radically restructure things. CEO pay has ballooned relative to entry level jobs and this pushes for a rebalancing of that. Healthcare CEOs, at least in most non-profit/teaching health systems, aren’t paid anything like other CEOs.
CEO pay has ballooned relative to entry level jobs and this pushes for a rebalancing of that
I’d fully support a ratio for anyone public company. You want to be on the stock market. Fine. You’re total compensation can’t be more then 20x the lowest employee.
Sure, I work in healthcare and any clinician (nurse, doc, etc.) would be seriously impacted. It’s an industry where most companies are in the red, especially post-COVID. Cutting hours would be impossible.
But, there is also an argument to be made that we need to radically restructure things. CEO pay has ballooned relative to entry level jobs and this pushes for a rebalancing of that. Healthcare CEOs, at least in most non-profit/teaching health systems, aren’t paid anything like other CEOs.
I’d fully support a ratio for anyone public company. You want to be on the stock market. Fine. You’re total compensation can’t be more then 20x the lowest employee.