CEO Pay to Average WORKER pay: By Country :/

[The True Adonis]

Ratio of CEO pay to average worker pay:

Japan
11:1
Germany
12:1
France
15:1
Italy
20:1
Canada
20:1
South Africa
21:1
Britain
22:1
Hong Kong
41:1
Mexico
47:1
Venezuela
50:1
United States
475:1


http://www.cab.latech.edu/~mkroll/510_papers/fall_05/Group6.pdf

[Hereford]

Ratio of CEO pay to average worker pay:

Japan
11:1
Germany
12:1
France
15:1
Italy
20:1
Canada
20:1
South Africa
21:1
Britain
22:1
Hong Kong
41:1
Mexico
47:1
Venezuela
50:1
United States
475:1


http://www.cab.latech.edu/~mkroll/510_papers/fall_05/Group6.pdf

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

[The True Adonis]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

Do you find it interesting with any implications that the greatest pay disparity in American corporations are also correlated with a high failure and bankruptcy rate in the corporation itself?

[Deicide]

Do you find it interesting with any implications that the greatest pay disparity in American corporations are also correlated with a high failure and bankruptcy rate in the corporation itself?

Sucks to live in America, huh?

[The True Adonis]

Sucks to live in America, huh?

No. It just sucks that America has to play catch up to the rest of the world and there are considerable blockades to progressiveness.

[OzmO]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

This is a weakness of some of our companies.  CEO's make decision on their pay and not necessarily what's good for the company long & short term.  It's this same greed that has shown itself in the birth of Unions too.

[Deicide]

No. It just sucks that America has to play catch up to the rest of the world and there are considerable blockades to progressiveness.

Dream on, all this stuff you want in the US is just a pipedream. Will never happen.

[The True Adonis]

Dream on, all this stuff you want in the US is just a pipedream. Will never happen.

Apathy and Negativity will never cure it that is for sure.  Luckily the Apathetic and the Negative are shrinking in our country.  It will take small steps for sure, but we will get there in time.

[Deicide]

Apathy and Negativity will never cure it that is for sure.  Luckily the Apathetic and the Negative are shrinking in our country.  It will take small steps for sure, but we will get there in time.

If you think so. Why bother when there are more options?

[Soul Crusher]

No. It just sucks that America has to play catch up to the rest of the world and there are considerable blockades to progressiveness.

How about you progessively get off your ass and start your own company like i did so you dont have to worry about these things? 

[The True Adonis]

How about you progessively get off your ass and start your own company like i did so you dont have to worry about these things? 

So you support "Too big to Fail"?

[Soul Crusher]

So you support "Too big to Fail"?

No way, these companies all deserve to go bankrupt if they fail. 

I am 1000% against all bailouts.   

[wild willie]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

X2

[Dos Equis]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

Correct. 

[pedro01]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

Aaaaah - the 'American Dream' - do people still buy into that ? I always thought it was a great way to control a population of people by convincing them they will all become millionaires one day.

Fact is - you don't become a CEO through hard work - you become a CEO through nepotism & backstabbing. All of the CEOs I know are control freaks with major personality defects. The ones I have read about don't come out any better, either.

I am sure some CEOs get there through hard work & talent but they are the minority and I have never met one.

In terms of the boss making the rules - it's not quite true. In a public company the board make the rules & they rely on various means - such as mutual backscratching/shareholder voting apathy to award themselves destructive pay packages.

Q - who set your compensation package ?
CEO - the compensation review board
Q - who do they report to
CEO - me

The assertion that an unhappy employee could rise through the ranks & de-throne a CEO is naive.

As was stated - self employment is the only realistic way of becoming the boss.

[Soul Crusher]

I realized that day one and you are correct.  Self employment is the only possible way for most people to obtain any measure of wealth or financial freedom.  There is no guaranty of course, but there is more a possibility and opporutnity for advancement being self employed than there is working like cog in wheel for some company.

[Dos Equis]

Aaaaah - the 'American Dream' - do people still buy into that ? I always thought it was a great way to control a population of people by convincing them they will all become millionaires one day.

Fact is - you don't become a CEO through hard work - you become a CEO through nepotism & backstabbing. All of the CEOs I know are control freaks with major personality defects. The ones I have read about don't come out any better, either.

I am sure some CEOs get there through hard work & talent but they are the minority and I have never met one.

In terms of the boss making the rules - it's not quite true. In a public company the board make the rules & they rely on various means - such as mutual backscratching/shareholder voting apathy to award themselves destructive pay packages.

Q - who set your compensation package ?
CEO - the compensation review board
Q - who do they report to
CEO - me

The assertion that an unhappy employee could rise through the ranks & de-throne a CEO is naive.

As was stated - self employment is the only realistic way of becoming the boss.

Everyone has the potential to do great things in this country, regardless of background.  Not everyone will be a millionaire.  Not everyone wants to own a business.  Not everyone wants to be a CEO (which isn't a magic pill anyway).  But everyone has the potential to do/be just that.  

The notion that you have to lie, cheat, steal, sleep, etc. your way to the top is untrue.  Persistent hard work and integrity will take you as far as you want to go.  

Now, there is nepotism, backstabbing, dishonesty, etc. and it does help/hinder people.  But the "American Dream" is alive and well.  It's real, for anyone willing to work hard enough to realize it.    

[Eyeball Chambers]

Aaaaah - the 'American Dream' - do people still buy into that ? I always thought it was a great way to control a population of people by convincing them they will all become millionaires one day.

Fact is - you don't become a CEO through hard work - you become a CEO through nepotism & backstabbing. All of the CEOs I know are control freaks with major personality defects. The ones I have read about don't come out any better, either.

I am sure some CEOs get there through hard work & talent but they are the minority and I have never met one.

In terms of the boss making the rules - it's not quite true. In a public company the board make the rules & they rely on various means - such as mutual backscratching/shareholder voting apathy to award themselves destructive pay packages.

Q - who set your compensation package ?
CEO - the compensation review board
Q - who do they report to
CEO - me

The assertion that an unhappy employee could rise through the ranks & de-throne a CEO is naive.

As was stated - self employment is the only realistic way of becoming the boss.

That's complete bullshit

[pedro01]

That's complete bullshit

Says the "what would you do if you had a million dollars?" man.

How is floating through life fantasizing about being a millionaire working out for you ?

[Eyeball Chambers]

All of the CEOs I know are control freaks with major personality defects.

HAHAHAHAHAHAHHAHAHAHAHHA HA

All the CEO's you know....

Right... HAHAHAHAHHAHAHAHAHHAHAHA HAHAHAHAHHAHAHAHAHHAHAHA HAHH

 

[pedro01]

HAHAHAHAHAHAHHAHAHAHAHHAHA

All the CEO's you know....

Right... HAHAHAHAHHAHAHAHAHHAHAHA HAHAHAHAHHAHAHAHAHHAHAHA HAHH

 

I can see why this may be hard for you to grasp considering the smarts you have shown in this thread thus far.

CEOs make decisions. Some people work in industries where they come into contact with people that make decisions. Some people, just by the nature of their work come into contact with C level execs in other companies. This is not a sign of wealth or success - just a sign that you play a certain role.

I just happen to be in a position where I have occasion to deal with people like this. Do you consider it a big deal ? I don't.

I don't come into contact with refuse at work as I am not a refuse collector. Also - not a big deal.

[Hugo Chavez]

If the worker doesn't like it, he can become CEO.

The boss makes the rules. That's the way it always has been.

Oh dude   Please tell me you're just fucking around and not actually this nuts.

[Hugo Chavez]

Says the "what would you do if you had a million dollars?" man.

How is floating through life fantasizing about being a millionaire working out for you ?

That's MB and my fault.  RPF went along with an avatar theme around "Two chicks at the same time" from Office Space. 


ahhh, Two chicks at the same time... Fuckin A man...

[Eyeball Chambers]

That's MB and my fault.  RPF went along with an avatar theme around "Two chicks at the same time" from Office Space. 


ahhh, Two chicks at the same time... Fuckin A man...

HAHA

It was an excellent idea.  I love Office Space.

[MB_722]