By using this site, you agree to our Privacy Policy and our Terms of Use. Close

What I hate about these discussions, when it comes to CEOs being paid 100* more than their workers, or athletes earning millions while nurses/firemen are on low wages (in the UK, anyway), is this implication that we actually have some sort of right to tell other people what to do with their money.

When people talk about CEOs being paid too much, and workers too little, and talk of introducing laws that limit the difference between the highest and lowest wage in a company, what they are essentially saying is that they own the business. We didn't risk any money or time investing in the company, we just reap the benefits, so why do we get a say in these issues? The employees aren't forced to work in this company, if they wanted to take the same risks that the investors and founders took, they could be making just as much money, anyway. But they didn't take that risk, and so they don't get the benefits of a high wage. If you want more money, you either work hard enough and get promoted up, or you leave, take risks, and set up your own company.

Don't force someone else to pay you more money through the law. Besides, you'll (or your kids) will be worse off for it in the long run, anyway.