Now you've permanently handed power to employers to claim every year is "a tough year" and pay people less, while tricking people into taking jobs under the pretense of "the salary is low but you usually get a crazy big bonus!"

> Let me guess, your next rebuttal

My actual response "But then we will have to deal with biases, discretion and management collecting their 10mil bonus by giving the juniors a pittance"

The flip side of course is people who actually work in bonus heavy revenue generating roles tend to leave if they are not valued appropriately - and take their clients with them.

The only policy that's needed is unions everywhere with industry wide bargaining like they do in Denmark. Or even better employee ownership.

The thing about employee ownership is that, almost by definition, employees don't have much capital (that's why they live by selling their labour) and businesses need capital to survive. That capital has a cost, either interest on loans or profits going to outside shareholders.