The millionaire chief executives of some of the American companies with the lowest-paid workers saw an average pay raise of 29%
Misleading headline.
> The millionaire chief executives of **some** of the American companies with the lowest-paid workers saw an average pay raise of 29%
Misleading headline.
Sure, and some had far bigger raises. One year and a couple of examples obviously won't be representative, but over the last 50 years or so execs have gotten much, much higher raises than workers. It's how we've reached the state where some make $50m+. The overall trend is really clear.
Sure, and some had far bigger raises. One year and a couple of examples obviously won't be representative, but over the last 50 years or so execs have gotten much, much higher raises than workers. It's how we've reached the state where some make $50m+. The overall trend is really clear.
What the CEOs earn is irrelevant.
If a company's workers are happy and treated fairly, who cares how much the company's management makes? Just because a person has a 7 or 8 figure salary, they don't somehow transform into evil oppressors.
What the CEOs earn is irrelevant.
If a company's workers are happy and treated fairly, who cares how much the company's management makes? Just because a person has a 7 or 8 figure salary, they don't somehow transform into evil oppressors.
Think of the emotional toll it must take on them knowing that they makes 50x what the average worker at their company makes and all the suffering their employees do to make them rich. It must take a toll on them psychologically knowing about the sacrifices of others, so it's only fair that they get paid handsomely to bear this burden.