Data is Beautiful

Yes, I'm also pleased with the tenor of the times.

It is just information…

You're a pretty smart person then lol

Has been for a long time.

Even in "traditional" Industries it's iffy.

If you outsource all your cleaning personnel, who have low paying jobs, you decrease the multiplier, even though nothing actually changed for the better.

Not to mention that the people doing most of the real labour to get e.g. clothes made and into shops work in sweatshops in poor countries and earn a tiny fraction of these salaries

I don't see the image at all on Jerboa lol

Even going directly to the URL at https://mander.xyz/pictrs/image/29140d91-0b42-42b1-9092-4a4c6e59dbe6.png in a clean browser session off a different IP, I get 429 - Too Many Requests in this JSON:

{"code":"object-request-error","msg":"Invalid status 429 Too Many Requests for Some(\"01/93/a1/c7/6a/8f/7c/d9/b9/a4/352f309d98f9.png\") - {\n \"message\":\"Too many requests\"\n}"}

Rare instance moment.

If you're using sync, you wanna open a post before clicking to load the pic so you don't get a lower quality version that's for thumbnail purposes.

Thank you. It’s blurry as hell on voyager.

Boost also hates this image

Agreed. Btw it is “paid”. “Payed” is a different word entirely. English is weird.

to all employees (including contractors)

Might aswell just make it a multiple of the minimum wage, because somewhere in the chain there will always be someone scrubbing toilets earning next to nothing. Or you end up incentivizing complex structures that try to avoid this cap somehow.

That said i don't think this is the right solution anyways, since it only targets income and not wealth. As long as profit gets made it has to end up somewhere. And i feel like it is much more likely to end up in the owners pockets, than resulting in higher wages. It's similar to how the salaries of successful actors/athletes are obscene, but the alternative would be that the studio/club just makes more profit.

So the more important issue would be to improve mechanisms that redistribute money, from whereever large amounts of wealth accumulate. Like a wealth tax or higher inheritance taxes (or just closing all loopholes that help avoid/reduce it).

However i would definitely also support a higher maximum taxation rate for the super high earners.

The government could incentivize this by a tax formula. Highest paid employee divided by lowest paid employee sets the payroll tax rate for the whole business.

Yea, even at the bare minimum federal wage of 7.25 that's still like 13k/Yr

Yes. That's one crazy-ugly infographic.

Stock grants are taxed as regular income.

Edit: downvotes from people who have no idea how stock, compensation, or taxes work, apparently.

I mean, you still have to have some money to survive day to day life.

I wouldn't want my entire income to be based on the company's performance and the whims of the stock market.

Brian Chesky, the CEO, gets an annual bonus of around the average of all employees salary. This is completely irrelevant as he is a co-founder and owns 10.6% of the company or around 67 million shares. So at the most recent share price that's $9.17 billion, at least on paper.

Such arrangements are common among tech companies.

Very likely the pay comes in different streams than the actual salary

I know it's weird, because they have a lot of call center employees that handle various situations. Maybe those aren't counted in the graphic for some reason, because there's no way a call center employee is making close a quarter million dollars.

Savateev suggests(for director to teacher pay ratio in his education system reform), if I remember correctly, no more than 3 times lowest paid worker in top 80% of highest-paid workers.