I get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
Maybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
I like that idea!
Make sure it's the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
I get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
Maybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
I like that idea!
Make sure it's the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.