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To: DoughtyOne

Interesting study coming out this week. Average CEO pay of top 365 companies on the Fortune 500 list rose 6% from 2001 to 2002 to an average pay of $3,700,000. However, of the 50 companies who layed off the most workers out of the 365 top companies, their salaries rose 44% to $5,100,000.

If you want to get ahead as a Fortune 500 CEO, you need to layoff workers.

Here is what you also should do to get ahead as a CEO of a Fortune 500. The companies with the 30 most at risk defunded employee pension plans, paid their CEO's 59% more than the median Fortune 500 company. At least somebody is getting paid.

17 posted on 08/23/2003 5:39:02 PM PDT by dogbyte12 (Let's Outsource CEO's to the Third World)
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To: dogbyte12
"However, of the 50 companies who layed off the most workers out of the 365 top companies, their salaries rose 44% to $5,100,000."

Wow, think what they could have saved just outsourcing one CEO. How many Americans could still be employed from just one CEO's salary?
18 posted on 08/23/2003 5:45:32 PM PDT by LibertyAndJusticeForAll
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To: dogbyte12
You can bet we'll see that line graph in DNC ads next year.
19 posted on 08/23/2003 5:49:55 PM PDT by GraniteStateConservative (Willie Green for President...)
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