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Name:
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water_watcher
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Subject:
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Unions complain about CEO pay
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Date:
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4/19/2012 12:44:28 PM
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Pay for S&P 500 chiefs climbs 14%: AFL-CIO
They need to understand supply and demand, as well as what education gets you. They choose to do what they do ... what does the pay of an individual factory worker have to do with the CEO pay of the top 500 largest comanies in the world have to do with one another. If the factory worker leaves, there are 200 or more ready applicants that could fill the job. If the CEO leaves, it takes months for a job search for the reight experience, education, qualifications, personality, leadership, etc, etc. ... going through multiple interviews, etc.
What is happening to this country ... we have a president that will sue our states, ignores the constitution, apologizes for america, is anti business, anti success, has 50% of wage earners not paying taxes and creates class warefare on the small majority that achieved success like it is a bad thing when they pay more of the tax bill than ever in history. And what Oblamer proposes, while it gets him press, would do nothing in terms of solving the problem HE created. Total additional taxes would pay less than 11 hours of what the government spends.
We need a leader, not a con artist.
By Ronald D. Orol
Apr 19, 2012 11:48:46 (ET)
WASHINGTON (MarketWatch) -- The average pay packages for the chief executives
at a majority of companies in the S&P 500 was $12.9 million in 2011, an
increase of 14%, according to database of compensation packages for executives
released Thursday by the labor union AFL-CIO.
The increase wasn't as significant as it was in 2010, when the average pay
package of a majority of CEOs at S&P 500 companies was $11.4 million, an
increase of 23% from 2009. The AFL-CIO surveyed 300 companies both years.
The ratio of CEO-to-worker pay between the majority of CEOs in the S&P
500 and U.S. workers widened to 380 times in 2011, up from 343 times in 2010.
In 2011, average worker pay totaled $34,053, the AFL-CIO said.
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