I will one day write a piece about how the tech industry accidentally invented the superior business model. Pay workers higher and they're less likely to unionise. They're more productive (lest they lose their jobs). They don't want to leave. This works for the tech industry because technically they're not paying workers higher to be generous, it's just a different way to invest the profits back into the business, like how a car company would invest into steel infrastructure. Software doesn't need to do that, their infrastructure is employee's brains.

As it turns out, the more ethical solution tends to work better for businesses, I think. If CEO's took a cut out of their salary and the profits and reinvested it into worker salaries I am willing to bet this would make any business more productive.

You might say software employees leave and unionise anyway, but they only leave to go to better companies and their unions aren't very popular. Time will tell on that second point though.