- Posted October 27, 2012 by
This iReport is part of an assignment:
Employee’s Income Eroding as Big Corporations Profits in Billions.
My question to CEOs of big corporation: When will you end income inequality in your companies and stop paying low wages to the employees? When in-fact big businesses profits are in billions and employees incomes are eroding. Most of employees are working for minimum wages and little above poverty line when top executives and their lieutenants are being paid in millions. How and when will you address such a big gap among employees within your organization. For example, Trump Tower owned by Donald Trump in Chicago charges their clients between $500 and $1600 per room per night and yet pay low wages to their most of the employees with no or little benefits. Corporations owned by Mitt Romney, Koch Brothers, Coca Cola, ASG, Chick-Fil-A and many others like them are guilty as well.
When employees are working in one corporation, they are working as one team to benefit the entire organization. All employees should be compensated accordingly and there should never be huge gaps in wages, bonuses, stocks options, health insurance and other benefits.
"More workers with low wages contribute to weak economy".