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View Diary: It's Not Wage Stagnation, It's Wage Robbery (151 comments)

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  •  Tasini - it really depends on the size (0+ / 0-)

    of the company and the magnitude of the CEO pay package. In Fortune 500 companies, with billions of revenues, even the top five executives total compensation (which includes all those other elements you noted), less the equity component, is less than 1% of the total compensation expenses for the entire corporation. These companies have tens of thousands of employees and total salary, wage and benefit expenses that are in the billions.

    The spread between CEO pay and hourly workers is unconscionable and the actual amount of the total compensation is reprehensible. Lowering CEO compensation would certainly help the spread. My only point is that it wouldn't help very much lifting the wages or benefits of the hourly workers.

    "let's talk about that"

    by VClib on Tue Mar 04, 2014 at 06:01:19 PM PST

    [ Parent ]

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