Do CEOs Make 300 Times What Workers Get? Not Even Close

Investor's Business Daily ^ | 05/18/2015 | John Merline

[DoodleDawg]

Sometimes, you get what you pay for.

A lot of times you don't.

[Moltke]

Obviously an average compensation means half make less than that, like your CEO. And half make more.

That would be the median, not the average.

[DoodleDawg]

I knew that, but I blew it anyway. I stand corrected.

[Lou L]

So again I ask, what is your point, DoodleDawg? Are CEOs paid too much, or are they not? Do you consider many of them to add value to their company, or not? Are the majority of them expendable, or not? Because you're sounding like you've drank the leftist Kool-Aid, and are buying into the meme that "CEOs make 300 times what their employees make."

Are there some cases where a CEO makes 300 times what their lowest employee makes? Maybe. Do those CEOs make that every year? Certainly they do not. Are CEOs that make millions every year worth it? In many, many cases they are. In some cases, they are not, and the board of directors in these companies should deal with them accordingly.

The jealous left would have everyone believe that if not for these "greedy, money-grubbing CEOs who've somehow pulled a fast one on their employees," everyone would be paid more, and everything would be fine. Spreading CEO pay around evenly in most cases, would add very little to workers' pay.

But people need to look at the bigger picture here. We're supposedly still in a free market, which means that the markets drive salaries and benefits for everyone, not just CEOs. The Left wants to dictate where the upper end is, the company and the free market be damned. But I've got news for you, if the Left gets their way and puts caps and limits on CEO pay, your pay, at whatever position you're in today, won't be far behind.

[dmz]

On $8 billion annual revenue, my CEO has a $500K base salary.

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What’s his yearly bonus percentage?
What is the value of his stay bonus?
Are stock options involved?
How is his retirement payout calculated.

There is so much more than just base salary involved in executive compensation.

[Moltke]

Figured it might be useful tidbit of information for some out there...

[Leep]

Yep, CEO’s are overpaid and unskilled/non-skilled workers should get a minimum wage of $15. And everyone should plant a magic money tree in their backyard!