[A. Pole]

$54,000? Though I agree that the huge cost of unnecessary regulations and taxes on corporations is a problem, I think this wage is a part of the problem, too. Pay them $35,000 a year and you won't have anywhere near as many jobs being shipped overseas.

$35,000? It is still too much, the good salary in India or China is less than $10,000. Rasing the CEOs pay is another matter - it is an investment in the most productive individuals, it is never too high.

[BMiles2112]

$35,000? It is still too much, the good salary in India or China is less than $10,000. Rasing the CEOs pay is another matter - it is an investment in the most productive individuals, it is never too high.
I get your point, but if it were simply a matter of direct comparison of wages from one country to another, wouldn't every single job in the US go straight to these countries? Companies move work overseas when it becomes a profitable move. Reducing the wages paid here would be an incentive for work to stay here. I don't care so much about CEO pay. There's only one of 'em per company. But its the same idea. If people decide to pay a CEO way more than he's worth, their company will suffer from their own stupidity, and a competing company will benefit from it.

[sakic]

Rasing the CEOs pay is another matter - it is an investment in the most productive individuals, it is never too high.

If the company flourishes under the guidance of a CEO he deserves whatever he can get. The problem is that at present, CEO's rake it in even if they are total failures that destroy companies.

The money given to those folks does far more damage than the money given to the workers at the same company.

Whatever happened to merit pay?