Executive pay would be nice. Make it so the CEO gets paid a maximum of 20x the lowest paid worker. CEO pay goes up? So does company minimum wage. Make it account for stock grants too.
My biggest fear with this proposal is that lower wage positions just get offloaded or somehow classified as "independent contractors" or consulting or some other bullshit. Or they create some shell company to all these positions. Or some other chicanery.
Don't get me wrong, I agree in principle. But God damn if actually enacting and enforcing wouldn't be some legal whack a mole with these slippery bastards
Stock grants are always quite vague in value - it'd be really hard to actually come up with a precise number for it... and in theory a bad actor (like Elon Musk) might be able to really fuck up that algorithm.
In the eastern Kansas city that I live in, a living wage for a single person with no kids is almost $20/hr. There is no way $18 is nearly enough in California.
Minimum wage should be adjusted to inflation, and get a COLA increase every year. It should also be retroactively adjusted, which would put it around $26+
There's no way an adult should be forced to work more than 40 hours a week for not enough to live on. When that is a norm it's an illustration the economic model is failing.
And frankly, even 40 hours is too much, keeping people too exhausted for civic engagement and parenting, which figures largely into our intergenerational mental illness epidemic.
They should want $60 or $260 an hour. As long as people at the top are making billions a year off the backs of these workers, they should demand a lot more than they are getting.