this post was submitted on 20 Oct 2023
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Here's a fun exercise to try:
When the 3rd quarter financials come out in a week or 2, find out how much YoY profit was and how many employees there are at your company. Divide the profit from the workforce. That's how much money is being stolen from you and your coworkers.
ETA: If you want to share that data with your coworkers, I recommend picking an arbitrary amount from the profit margin and subtracting it. When I did it at my job, I calculated for the company "only" making $2 Billion with the rest going to a raise for all employees. It worked out to around an $86/hr raise for everyone.
What if we also cut exec compensation in half and add that in?
(Also... $86/hr holy shit)