Fascinating look:
Most companies don’t disclose median worker pay, so Bloomberg calculated ratios based on the U.S. government’s industry-specific averages for pay and benefits of rank-and-file workers. This table, searchable by company name, CEO or industry, shows the Standard & Poor’s 500 Index top 250 companies by ratio.
Look at the table: all the CEOs are paid millions each year. Wow.
CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law - Bloomberg
They have so much money they don't know what to do with it, sickening.
ReplyDeleteThere was a talk on 97.1 the ticket this spring when the ceo of one of the car companies received a huge payout bonus. The talk was about whether people of Detroit thought there should be a wage bonus to all of the blue collar employees at the bottom first. IT was surprising to hear people from Detroit answer the phone calls with give it to the CEO after all of the losses Detroit workers received when the CEO's fucked up in the first place. There are still a lot of older people out there who do not believe there is inequality in the world and its just the non-hardworking people complaining.
ReplyDeleteYikes! According to Bloomberg, Johnson walked away with a comparison 1795x the average employee. What is important to know is that Ron Johnson has OPTIONS, he leaves with money and more future opportunities in management and within the industry. Other employees laid off do not the same options.
ReplyDeleteJared the people who dont believe there is inequality are living with a false hope in the American dream that this country was supposedly built on. Its sad but I remember when I too was blissfully ignorant. lol
ReplyDeleteI feel the same way as Bianca, in that it is also important to remember that when the CEOs leave they have so much more money/opportunities than other employees.
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