Quote:
Originally Posted by dellinger63
You realize the $67.58 million in Total Executive Compensation paid to McDonalds executives represents 1.29% of profits for the year, based on $5.5 billion profit?
If the local business down the street turned a $1 million profit for the year would it be fair to pay a lone executive $12,290? What more split it up among more than one?
When you consider the numbers, execs at McD's are far from extreme when you consider pay/profit.
Meanwhile, here locally we're supposed to swallow one is doomed if raised in Chicago Public Housing, especially Cabrini Green despite the fact the CEO of McDonalds was one of those doomed one's?
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Additionally what seems to get lost in all of this is that even though these corporations have a presence in the US, most all of them are global entities with international officers receiving executive compensation. The 70's and the 80's are over. So while one may feel they are entitled to a larger chunk of the pie, they are not necessarily due it just cuz they are 'Merican.
12-05-2013, 02:59 PM
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