Is the average ceo wage justifiable?

Question

the avg ceo makes approx. 400 times the avg worker. do u think that this is justifiable and y?

Answer 1

No, because those obscenely bloated salaries also mean that regular workers have to take pay cuts or lose benefits just so the CEOs can enjoy those salaries, stock options, and all sorts of other perks. What's even more worrisome is how they can get $200 million when they get fired for a poor job performance.

Answer 2

i think of a employer can see the reality, a single worker has little or no to do with the base line. the staff purely have an result while they organise as a set/ union. a CEO has shown via the time he has been employed that he provides income, ergo he's a helpful guess. often times the mere recognition of a CEO will reason shares to upward thrust. did you're making your small business employer extra worthwhile? did traders take observe of your presence? we live in a capitalist economic gadget, if it wasnt a stable investment to hire nicely paid CEO's then the traders might hearth them or ward off thier hiring. medical doctors gets a commission extra desirable than welders. Baseball gamers gets a commission extra desirable than medical doctors. in case you % to gets a commission extra, be nicely worth extra.

Answer 3

The ceo's wage is just as justifiable as the wages of a union autoworker, or a nurse, or a schoolteacher. They all make more than they deserve. Anyone who makes more than $35k a year is overpaid. But go ahead and whine about how you're underpaid. You're not underpaid, you're just greedy. Don't blame a ceo for simply being better at making a good wage than you. If someone is willing to pay him that much, than his wage is just as justified as anyone else's.

Answer 4

Typically high end CEOs earn far more than their worth...........
If they were to make a living on a slightly above average salary, and then a bonus based on performance, that would ideal...............
But companies bid for CEOs much like sports athletes.........
Still you are at risk if the CEO can't move the ball.....................
For whatever reason................

Answer 5

I own and run my own small company. It is a very difficult position. Most people do not understand the pressures that come with running a million dollar company, nonetheless a multi-billion dollar corporation.

All, or most of those CEOs who make so much more than their "average" counterparts, have worked their entire lives to make it to where they are now.

David O'Reilly, CEO for Chevron, Inc. makes around 9 & 3/4 million dollars a year from stock royalties, bonuses, and annual compensation. His salary is amazing, no doubt, but what about the salaries of some Hollywood celebrites, some making 25-30 million dollars for a couple months worth of work.

How can you justify that? You can't. As to when you have a CEO, who's responsibilities include successful operations of large corporations, you see their fantasical salaries compared to those salaries of their underlings, who are making as you say, 400 times less than their ultimate superior, in the case of business hierarchy, not any other status.

Most look upon them as selfish bastards who refuse to share the salaries because they simply feel like being asses.

Tell me this, when you are angry and disgruntled, how well do you perform the tasks you are given at work? Are your feelings tied to your salary? If you are saying no, you are lying. What if you were make minimum wage, $5.85/hr, for having responsibilty for something, lets say, you were responsible for all packages being delivered on time by Federal Express. Thats millions, if not tens of millions of packages delivered a day.

That's an immense amount of responsibily, would you say? Is all that responsibility worth your $5.85 an hour? I don't think so. When you are responsible for the jobs and families of thousands of people, it's important you are happy and up to taking care of all of your jobs' demands.

So next time, when you think that the "average" CEO is overpaid, look at their company, their profits, or losses, and if their company is winning, they are being paid correctly, but also, if their company is losing money, so are they.

All in all, I do believe that the average CEO wage is justifiable.

Answer 6

If every worker had a conscience and striked on the same day these CEOs would realize how insignificant their job is compared to all of the employees who are on the front line of customer service. I'm talking about all of the employees who get paid by the hour at places like Bed, Bath & Beyond and Dunkin' Dounuts. When I go into a Blockbuster video I'm not thinking about the CEO. The customer service I recieve from the employees in the store is going to inform my view of Blockbuster more than any CEO or VP of sales ever will.

If CEOs would agree to a 50% salary reduction think how this would make an impact on the lives of the working class if that other 50% of salary could be used to raise the hourly pay of chain store employees by $1.

Answer 7

If you look at it as a capitalistic society standpoint yes, you can earn all the market will bear, but I would not say they deserve it from a fair way of looking at things, so many people lose jobs and barely get by but the CEO's continues raking it in on the backs of the workers. I also think athletes and entertainers are disgustingly overpaid.

To Ineedanswers: O'Reilly from Chevron' s pay was $22.47 million in 2006 not including stock. He was number 70 on the top 500 CEO pay. I understand your argument, but how many of these CEO's laid off workers without cutting their own pay and benefits ? I have worked for a major corp. for 18 years and watch CEO's come and go hacking our pay and benefits and laying thousands and still reap insane amounts of pay and compensation for running a company into the ground.

Answer 8

No, it is not justifiable. The average CEO makes more than the president. I am not a Bush fan but feel running a country is more important than any company. If some of that income was filtered down into saving to the consumer or increased wages to the employees it would stimulate the economy.

Answer 9

No. I read that a socially conscious company will only pay its highest salaried person 7x what the lowest paid person in the company makes.

Answer 10

NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO
Nobody is worth that kind of money, but since CASH is the most powerful god on the planet...