Personally I find in todays world to many want to point up and say give me some I deserve it because I`m here, it is the people that contribute to the company day in day out without complaining that should be rewarded.
To this I`d ask why would the employees be complaining if they knew their earnings were directly related to the CEO`s earnings with an appropriate wage gap? So often the employees complain because the CEO has a 10k sqft garage with 15 porsches and a private yet, and they`re stuck doing the "dirty" work feeling unappreciated.
In my opinion with all the information available in todays world at anyones finger tips, for free, there is a hole in the whole my dad was poor so I am poor story.
Sorry, but you`re absolutely wrong about that one. Just because there`s internet access doesn`t mean a kid will be able succeed in the world. When I went to college for music production and engineering and graduated near the top of my class, that is what enabled me to work in Nashville. That was what enabled me to work for one of the largest music retailers in the world. I could never have gotten that kind of education by reading forums and online articles.
As for me personally I don`t want to be surrounded with content employees I want them pushing for more from and for themselves. I think I accomplish that while providing a friendly, good natured environment.
You can most certainly have content workers with incentives for them to strive to do more. I don`t think having an appropriate wage gap would make workers become complacent. I would most certainly want to have content workers because that makes employees actually care about the work they are doing and do it better. It`s so hard for me to believe that someone would think they don`t want to have content employees. Content doesn`t mean lazy.
Bottom line with a wage gap limit the best anyone has to be is the minimum.
I suggest you consider a "fast track" program for those that aspire, a daily or weekly "town meeting" (depending on your company size) sharing your goals for the company and reporting how far the company advanced in the last week, share the fever, not all will jump in, then consider limiting yourself because you feel indentured to a middle of the road employee.
I respectfully disagree that a gap limit is not in any way insirational, nor motivational.
I respectfully disagree with your disagreement. I think that when one would have a wage gap limit it would make employees feel more connected to their job and when someone is more connected to their job, they want to do it the best they can. No matter what, when someone is doing their job the best they can, everyone will move forward. Now, having a wage gap limit doesn`t mean there can`t be other performance based incentives. I just think that it prevents CEO`s from going out of control in their salaries and leaving sour tastes in other employees mouths, not feeling connected to the company as a whole.