Grayox@lemmy.ml to Memes@lemmy.ml · 2 years agoJim "Scumbag" Farleylemmy.mlimagemessage-square19fedilinkarrow-up118arrow-down10
arrow-up118arrow-down1imageJim "Scumbag" Farleylemmy.mlGrayox@lemmy.ml to Memes@lemmy.ml · 2 years agomessage-square19fedilink
minus-squarelobut@lemmy.calinkfedilinkarrow-up1·2 years agoCEOs need to take pay cuts. They earn too much and don’t provide enough value for their pay.
minus-squarequatschkopf34@feddit.delinkfedilinkarrow-up1·2 years agoThe rise in CEO wages is actually unbelievably ridiculous: From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.
CEOs need to take pay cuts. They earn too much and don’t provide enough value for their pay.
The rise in CEO wages is actually unbelievably ridiculous:
From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.