Congressional pay, and all federal positions, should be a function of the minimum wage. The job pays the minimum wage times some number. If they want a raise, the only way to get it is to raise the minimum wage.
And c-suite pay should be capped at a multiple of a company’s median employee pay, I’m not going to pretend to know what the multiple should be but there should be a tie in somewhere. Varying industries make it hard to set an overall standard, but even seeing it to whatever today’s highest ratio in the s&p 500 would be a start.
Congressional pay, and all federal positions, should be a function of the minimum wage. The job pays the minimum wage times some number. If they want a raise, the only way to get it is to raise the minimum wage.
And c-suite pay should be capped at a multiple of a company’s median employee pay, I’m not going to pretend to know what the multiple should be but there should be a tie in somewhere. Varying industries make it hard to set an overall standard, but even seeing it to whatever today’s highest ratio in the s&p 500 would be a start.