Also when I’m King, if a company wants to make layoffs, anyone who has served as CEO within the past year also must be laid off, with the same severance package as all the workers that they failed.
This doesn’t really offset the harm. CEOs are often hired to perform layoffs, and will be compensated on a number of ways other than severance.
If a company wants to lay off any percentage of its workforce, it must guarantee their income, insurance, and contributions for 12 months. The CEO must be prohibited from serving on any board for 5 years.
Yeah that’s why I went out of my way in my description to specify everyone within the last year. Stops them being able to work their way around it by just hiring someone to get fired. Also the word ‘package’ already covers all forms of compensation.
Also when I’m King, if a company wants to make layoffs, anyone who has served as CEO within the past year also must be laid off, with the same severance package as all the workers that they failed.
This doesn’t really offset the harm. CEOs are often hired to perform layoffs, and will be compensated on a number of ways other than severance.
If a company wants to lay off any percentage of its workforce, it must guarantee their income, insurance, and contributions for 12 months. The CEO must be prohibited from serving on any board for 5 years.
Yeah that’s why I went out of my way in my description to specify everyone within the last year. Stops them being able to work their way around it by just hiring someone to get fired. Also the word ‘package’ already covers all forms of compensation.