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To: wny

$500k would basically be someone wanting to either do the job for nefarious purposes (getting in there and influencing the company) or for charity. Basically, $500k would be $250k after taxes. Of course, their corporate jets are gone so figure at least $50k per year out of their pockets for travel because travel expense at that level is often looked at as compensation. We are now at $200k. Now, most of these companies are HQ’d in places like New York city. An average apartment in NYC costs around $7k per month for a three bedroom. That’s another $84 thousand. We are now down to $116k.. Now, your CEO is making what your average business analyst makes.


60 posted on 02/04/2009 10:42:02 AM PST by mnehring
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To: mnehrling
$500k would basically be someone wanting to either do the job for nefarious purposes (getting in there and influencing the company) or for charity. Basically, $500k would be $250k after taxes. Of course, their corporate jets are gone so figure at least $50k per year out of their pockets for travel because travel expense at that level is often looked at as compensation. We are now at $200k. Now, most of these companies are HQ’d in places like New York city. An average apartment in NYC costs around $7k per month for a three bedroom. That’s another $84 thousand. We are now down to $116k.. Now, your CEO is making what your average business analyst makes.

What do you mean "at that level"? I'm not aware of anyone who pays out-of-pocket for work related travel. They would absolutely be reimbursed. And, why do I care about their housing situation?
88 posted on 02/04/2009 12:06:02 PM PST by theknuckler_33
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