Used to be that the ratio of compensation of C.E.O. to average worker was 5 to 1. Now it is 20 to one. That means that the average C.E.O. salary is 20 times that of the average worker salary. Yet it is ALL the employees that make a corporation rich, including production workers, etc. Without them, the company couldn't make a dime.
When will the people who really make a company a success get their due?
Where I work, we get a 2% maximum raise, no bonus, and lousy benefits. Meanwhile, our company made 5 billion in net profits this year. Sure I could quit, but more and more companies are like this.
2006-12-15 21:23:25 · 3 answers · asked by opjames 4 in Business & Finance ➔ Careers & Employment
Unfortunately, your estimates are too low. Many CEO's are making in the range of 3 to 25 million! Let's say a CEO is making 5 million a year. Assuming the average worker makes 33,000, that is over 150 times the amount of the average workers. This is multiple lifetimes of work! This doesn't even include the huge number of stock options that many CEO's are given.
2006-12-15 21:31:15 · answer #1 · answered by Willie 2 · 1⤊ 0⤋
When they take responsibility for their own life. CEO's take a large salary (way too excessive) because they have high level of responsibility and are accountable to important people.
You are paid exactly what your worth and if you aren't happy about that then put yourself on the open market? And see how you go? I wish you well...
This entitlement mentality is very dangerious and if you don't wake up and smell the reality, then you will end up in poverty prison like 90% of people in their retirement.
I highly recommend RObert Kiyosaki's stuff...
2006-12-16 06:05:54 · answer #2 · answered by Anonymous · 1⤊ 1⤋
pay day. no i feel you man
2006-12-16 05:26:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋