April 13th, 2011

Up the workers

I was just thinking yesterday about how immoral and unbalanced the world of business has become, with shareholders’ interests winning out over workers’ remuneration pretty much every time.

So today’s announcement from French Budget Minister Francois Baroin is really interesting.  He’s proposing that a measure should be put in place to require that every French company which pays a dividend to its shareholders should have to pay a bonus to all of its employees of at least 1000€.

His reasoning is that all the workers who contribute to the wealth of the company should be rewarded as well as the shareholders. 

And this from a right wing Government.  I love it and I really hope he manages to push it through.