FJAG
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The following article from CNBC outlines the critical issues respecting CEOs pay.
https://www.cnbc.com/2018/01/22/heres-how-much-ceo-pay-has-increased-compared-to-yours-over-the-years.html
For years I've believed that as shareholders (both public and private) we've allowed ourselves to be manipulated by the executive leadership/management profession into believing that they are worth the exorbitant compensation that they are demanding. They aren't. It's time to readjust their expectations downward.
:cheers:
Since 1978, and adjusted for inflation, American workers have seen an 11.2 percent increase in compensation. During that same period, CEO's have seen a 937 percent increase in earnings. That salary growth is even 70 percent faster than the rise in the stock market, according to the Economic Policy Institute.
. . .
"CEOs are getting more because of their power to set pay, not because they are more productive or have special talent or have more education," says the report. "Exorbitant CEO pay means that the fruits of economic growth are not going to ordinary workers, since the higher CEO pay does not reflect correspondingly higher output."
https://www.cnbc.com/2018/01/22/heres-how-much-ceo-pay-has-increased-compared-to-yours-over-the-years.html
For years I've believed that as shareholders (both public and private) we've allowed ourselves to be manipulated by the executive leadership/management profession into believing that they are worth the exorbitant compensation that they are demanding. They aren't. It's time to readjust their expectations downward.
:cheers: