Quote:
Originally Posted by OldDog
Yeah, Oprah makes waaaay too much money. What gives her the right?
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I didn't know she was a health care ceo.
and why is it ok for rich folks to make tons, but let the rest of us ask for a raise, and we get told to suck it? what's the rationale for that?
http://thinkprogress.org/economy/201...e-ceo-pay-gap/
Americans estimated that the ratio of CEO pay to unskilled worker pay is about 30-to-1, new research by scholars at the Harvard Business School and Thailand’s Chulalongkorn University reveals. In reality, the average S&P 500 company CEO earned 354 times what the average U.S. worker did in 2012, the researchers say. Americans said that ideally that gap would be 6.7-to-1.
the ratio between me and my employees is three to one. not 350 to one.
and then there's this:
This pay disparity between CEOs and working people in the U.S. has exploded in the past three decades. After hovering between 20-to-1 and 30-to-1 from the 1960s through the late 1980s, the ratio doubled to roughly 60-to-1 under President George H. W. Bush, leapt to more than 100-to-1 at the outset of President Clinton’s term, and spiked to nearly 400-to-1 at the height of the dot-com bubble at the turn of the millenium. Subsequent recessions have only made minor, temporary dents in the figure.