I feel that at the minimum, anyone putting in 8 hours of work per day and working 40 hours a week (2080 hours per year) ought to get paid a fair living wage. Their wage should be at a level where they can satisfactorily sustain themselves. They should be able to pay market rate rent for a 3-bedroom housing unit, be able to afford groceries and living expenses without needing any help from the government.
At the maximum, CEO's and people up the chain should not be paid more than 20 times the lowest-paid employee.
No one, no matter the net worth of the company or their role in the company, should be paid such an insane wage and get insane bonuses while the lowest-paid employees are barely getting by. Yes, people at the top make decisions that have a bigger impact on the success or failure of the company, but do their positions and decision-makings really deserve to be compensated at $1,000 per hour? I say no. No one's brain power is worth that much.
The people that should be the highest paid are doctors, I think. Even for doctors, I think $2million a year is a fair base wage. For surgeons, I think it'd be fair to add another $10K per human life that they save on top of their $2million base wage.
What do you think?