People need to stop using this stat. It's completely useless. There are literally people making top percentile incomes saying they're living paycheck to paycheck in these surveys because they interpret the survey questions wildly different than other people. A tiny, tiny percentage of Americans would literally go hungry if they didn't get their next month's paycheck the rest would have to cash out some small percentage of their S&P 500 ETF.

Interpreted charitably, you are making an argument that people's comp should be higher.

But I don't see any argument that paying that higher comp in the form of shares instead of in the form of cash is any better?

(Unless you want to imply that people are too dumb and need to be protected from themselves, and that why we need to give them more stocks instead of more cash? Or something else?)

Peasent brain, they think they too can be rich like their corporate owners one day so they will support them and justify this brain rotted thinking until they die poor.

I presume it'll work exactly as well as paying them partially in stock, as the stock and cash are interchangeable.

The people who need money now will just sell the stock as soon as they can.

If they are really living paycheck to paycheck, giving them shares in the company instead of paying them isn't going to help much either.

Or are you suggesting that employees just get a fixed share when they join the company? That model exists, but it typically only works for companies that need no outside capital to get started. Like law firms.