I can easily see that happening under your plan, and well... yes, I do think the skilled, educated, and innovative architect deserves to make more than the envelope stuffer (or the janitor or the receptionist or a whole host of other people), no matter what firm they work for.
And they will. CEOs who try to pay everyone under them the same flat salary will soon find their talent going to other companies.
And what about the people under the CEO
No-one said the CEO had to make the most. It applies to everyone in the company. The highest paid can make no more than 100 times the lowest paid. That's a HUGE range. Except for very large companies I think you'll find most people fall into that as it stands now.
How would it affect your job choices if you were offered dramatically different rates of pay for different firms?
I don't think it'd be all that dramatic. Larger companies make more, but have more employees and/or costs. If you're making $80K at one company where the top earner is making 2 million and the bottom earner is making $20K and you switch to a company where the top earner is a 4 million and the bottom at 40k, why would your 80k switch that much?
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And they will. CEOs who try to pay everyone under them the same flat salary will soon find their talent going to other companies.
And what about the people under the CEO
No-one said the CEO had to make the most. It applies to everyone in the company. The highest paid can make no more than 100 times the lowest paid. That's a HUGE range. Except for very large companies I think you'll find most people fall into that as it stands now.
How would it affect your job choices if you were offered dramatically different rates of pay for different firms?
I don't think it'd be all that dramatic. Larger companies make more, but have more employees and/or costs. If you're making $80K at one company where the top earner is making 2 million and the bottom earner is making $20K and you switch to a company where the top earner is a 4 million and the bottom at 40k, why would your 80k switch that much?