Japanese corporate culture is a bit different. I don’t think US business culture is the only way to look at things.

and did their workers see an increase in pay following his cut?

Not sure. Either that or company expenses. In either case it should not be looked down upon if CEOs cut their own profits.

There is no real negative effects to the business simply because that money wasn’t going to the business in the first place. It was going to the individual

Does that mean you expect executives to take paycuts across the board before redirecting funds to lower level employees?

Jesse is really great sometimes:
https://youtu.be/APm-egYzaUU

What? No, not every executive.

You appear to be viewing my proposal through the lenses of “anti-socialist” propaganda.

The concept of seeing people as family rather than resources would be a cultural additude. Pay cutting is just one avenue

As of 2016 that is the current corporate culture

or at least its what they teach in management classes

The current culture is to maximize profits for the owners.

Yes, the two are supposed to be balanced with each other

Japan is to have their business last as long as possible. A few business conglomerates see business as family

I think the third is the ideal approach to build policy and culture around

They have massive conglomerates which work people to the bone

People kill themselves over work stress, not all at once but overtime

They dont have families and the government currently gives out massive benefits to anyone who has a child

Who’s “they?”

Japan?

the japanese

This is true. Asians are very fixated on the concept of status

If youd like to see something achieved like better quality of life for workers japan should be an example of what not to do

Working like crazy is part of that

People would be more productive but also more stressed which goes against the needs of the individual

The CEOs can publicly flog themselves, but it wont fix the fact that they reward over-working and the prioritization of work over social life to the point where the former erases the later

A family based approach maintains the needs and respects the time of the individual.

Dont you see thats the problem?

You can only have one family

If work becomes that family you have no need for one outside of it

If an average CEO cut his pay in HALF and paid it out to his workers I would suspect that most would see less that a $10 annual raise.... So where is the benifit?

It wouldn’t necessarily have to be distributed like that

Ok, then how?

Becasue that income represents a HUGE investment on behalf of the CEO

and would equal basically nothing to his workers

(or hers)

:p

If Elon Musk were to give away 20 billion he would atill have 2 billion. Tesla/SpaceX has 50,0000 people so each employee (assuming even distribution) would get $400,000 each

lol

most of that exists in the form of stock options