G21-P046 Maximum Compensation | VGM-2 Amended Version

Submitter Name

Ian Soutar

Ratification Vote Results: Adopted

Proposal

This is the amended proposal adopted by GPC membership at the VGM-2.

The Green Party of Canada supports a Maximum Compensation policy, where the highest compensation within an organization is no more than ten times the lowest compensation in that organization. 

Objective

This policy hopes to curb rampant wealth inequality by ensuring that no individual earns more than ten times more than someone else within their organization. 

Benefit

The advancement of post-industrial capitalism exacerbates enormous wealth inequality, and presently there are no apparent efforts to cap the wealthiest end. Applying this policy ensures that the highest income earners will no longer hoard enormous wealth while also incentivizing them to support the lowest earners in their organization.

Supporting Comments from Submitter

The Green Party of England and Wales has had this in their policy book since 2010 (WR362).

Green Value(s)

Social Justice

Relation to Existing Policy

Add to current GPC policy.