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Do you have evidence for your assertion? Of what significance is the ratio of highest to lowest paid employee? Shareholders of a particular company pay CEOs, not whoever "we" is. Here is evidence that claim CEOs produce more value than they are compensated for (i.e. they are underpaid): https://faculty.chicagobooth.edu/steven.kaplan/research/kceo... https://econpapers.repec.org/article/inmormnsc/v_3a60_3ay_3a... http…
Producing more value than you are compensated for ... hmmm what does that sound like? You could say it sounds like the human condition. Which employees in the pyramid do you think have the worst scalar here?
Companies fret as costs soar for software subscriptions (2019)
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The CEO's, it's pretty clear.
Re: Companies fret as costs soar for software subscriptions (2019)
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Read up on the history Chrysler Comprehensive Compensation System (C3). The team worked for 7 years and although they achieved some technical goals they never managed to deliver a working payroll system. https://en.wikipedia.org/wiki/Chrysler_Comprehensive_Compens... Payroll is harder than it looks due to all the edge cases. For example, it is literally possible for an employee to have so many payroll deductions incl…
Well, how do existing manual systems deal with it? Why not just make do with partial automation and fall back on the existing methods for those thorny legal edge cases?
Except for the smallest local businesses, there is literally no such thing as existing manual systems anymore. It's simply not possible to do manual payroll while maintaining compliance with laws, regulations, civil orders, labor contracts, and company policies. Every significant enterprise has either built up a custom automated system over decades, or has customized a commercial ERP payroll module, or outsourced the entire thing to a specialized payroll company.
You could argue that payroll shouldn't be so complex but that's the reality of it today.