The CEO of a Standard & Poor's 500 company made on average $14.78 million in total compensation in 2006, according to a preliminary analysis by The Corporate Library. When the average worker is making less than 50,000 dollars, is this good for the employee's morale?
2007-06-26 13:39:01 · 3 answers · asked by Capstoners 4 1 in Business & Finance ➔ Corporations
It's an open market system. The impact of a worker is not as great as a CEO.
2007-06-26 13:43:03 · answer #1 · answered by AE N 5 · 1⤊ 0⤋
If the performance of the CEO gives the average worker job security by making the company profitable, then I think the average worker would be all for the CEO making over 14 million a year.
By the way, Good Work!. You've backed up your question with facts.
2007-06-26 14:14:54 · answer #2 · answered by TedEx 7 · 0⤊ 0⤋
Here is the scenario i have a problem with:
Ted ex: What do you think then about companies that are performing poorly and continue to drop and CEO's still taking record high salaries? Do you think they are looking out for the companies best interest? Isn't the CEO's job is to maximize shareholder wealth.
2007-06-26 16:38:13 · answer #3 · answered by ross da hoss 1 · 0⤊ 0⤋