rant: Corporate America

[uhsir]

What’s wrong with this picture?

Quote:
In 2005, the average CEO in the United States earned 262 times the pay of the average worker, the second-highest level of this ratio in the 40 years for which there are data. In 2005, a CEO earned more in one workday (there are 260 in a year) than an average worker earned in 52 weeks.

For the complete article go here: <http://www.epi.org/content.cfm/webfeatures_snapshots_20060621>

This is just plain wrong!

I work in Corporate America and this analysis does not exaggerate. Every year I get my company’s Annual Report that discloses the income for all of the biggies. It’s obscene.

Maybe they deserve it because they have a lot of responsibilities, travel all over creation, are on-call all day and night. I’m supposing. I really don’t know what life as a CEO is like.

So why, then, was it necessary to cut back (spelled L-A-Y-O-F-F) so many production workers in order to manage expenses. Huh?!

The AFL-CIO has a cute little website that’s keeping an eye on the CEOs. Take a look: <http://www.aflcio.org/corporatewatch/paywatch/>

There’s a link for comparing your wage against the CEO if you work for one of the companies in the database. Mine’s there and the comparison is pretty sickening. Here’s what it says.

Quote:
How You Compare to Your CEO
Your CEO’s compensation could support 359 workers earning your salary.
You would have to work 359 years to equal your CEO's 2004 compensation.
You'd better get working, because you can't take a vacation until 2365 A.D.

Oh, so that’s why I’m so tired!

 

Comments

inflated pays

[(Anonymous)]

I think CEO's are over paid, pampered too much, and does not clock enough hours ... IMO
gatebee