Although he had made the dramatic claim of having the first ever meeting to improve the Inn between Lex and key members of the Inn, the actual meeting lasted no more than 3 minutes.
The whole premise of Luthor's proposal was to have the workers improve themself by creating a competitive environment, so that only those who had the will and dedication could rise through the ranks and get the respective rewards. While in theory this was a good thing, Lex knew for a fact that such an environment hardly ever only promoted healthy competition.
The only change Lex made to this, since he also didn't believe in just giving handouts, was that he did not set a limit to perks and services. Should any of the workers want higher pay, different positions, more holidays or anything along those lines, there was a way for them to pursue it. Luthor instead had limited quotas per annum for certain raises and services, which would have bolstered competition.