- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Updated CEO pay OP: CEOs earn 3.8 times average worker
Posted on 10/2/14 at 5:30 pm to 90proofprofessional
Posted on 10/2/14 at 5:30 pm to 90proofprofessional
quote:Workers should worry about their own pay.
Politard poll: impressions on CEO/worker pay ratio in US
What difference does a CEO/worker pay ratio make?
Either workers are paid fairly, or they aren't.
WTF difference does it make if a CEO is making 3X or 10X or 100X or 100,000X std worker income, as long as workers are doing better than their piers? And if workers are not doing better than their piers, why would they not change jobs?
1
Posted on 10/2/14 at 5:41 pm to NC_Tigah
quote:
WTF difference does it make if a CEO is making 3X or 10X or 100X or 100,000X std worker income, as long as workers are doing better than their piers?
Well, a dollar can only be spent once. In theory, every dollar of CEO pay can be spent on worker pay, right?
So let's say Joe CEO makes $10 mil a year at a company that pays avg workers 40K a year, and there are 100K workers. If we reduce Joe's pay to 500K a year, that's 9.5 million that can go to worker pay.
That means each worker would get an additional $95 per YEAR in wages. Woo hoo.
But remember, unions and democrats don't like math.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News