re: #296 Vicious Babushka

Costco, which has awesome profits and a great reputation has a CEO whose pay is about $3.5m, not 1000s of times more than the pay of the average employee. Workers get paid a decent wage above the existing minimum wage (and many actually like working there).

In fact, Costco has been dropped as a peer group for comparing executive compensation because they pay so much less to their management than others - all while delivering great results.

Pay for performance starts at the bottom (especially where the employee interacts with the customer).