The thing I have a problem with is the way the Left/Liberals/Democrats keep slamming CEO’s for their “excessive” compensation. Those LLD’s do not know or understand what or how a business is operated. CEO’s salary is based on performance. If what the CEO does brings in business thus enhancing their corporate profit (dirty word there) that goes to pay investors >after< all business expenses have been paid. If an insurance agent is paid per insurance sign up and gets paid a percentage of the premium then why not a CEO getting a percentage of the business he or she brings in?
EXACTLY!!!
Lee Scott made $27 Million his last year with Walmart.
There are 2 million Walmart employees, working a total of about 3 BILLION man hours. That comes out to about 9/10 of a cent per hour if Lee's pay were divided equally among everybody.
It wouldn't raise up any of the workers to see that "raise". All it would do is knock one person down.