However: I’m extremely hostile to overall wages as a fraction of revenue being held artificially low to increase the imbalance of payouts in favor of executives and shareholders. I think it’s appropriate to pay executives more because they bear a higher proportion of legal exposure than non-executives; I do not think it’s appropriate how most executives treat workers raises as a “cost center to be minimized” differently from their own pay as a “profit center to be maximized”. Similarly, I think that there’s a solid argument for paying your company’s long-term strategy cross-functional team according to having to bear the long-term responsibility and awareness of risks and so on. You can’t ask a base wage worker to care about your company; that’s a lot to ask, and requires an additional share of payment than just a day job would.
No disagreement about the harmful-when-present workers, though!