DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Mjxhnapi** · 03-12-2006, 12:41 PM

I was reading an article not long ago about how CEO wages compare to the base wages within a company. In the US, the average CEO was making something like 450 times what the lowest paid worker at the company was. In the rest of the developed world, it was hovering more in the 5 to 15 times rate.

Do CEOs really deserve those kinds of wages?

I read something about that too. Seems Japanese automotive execs make about 10% of what their average American counterpart would make as a base salary. Bonuses etc.. were also extremely low in comparison. When I hear about CEOs getting bonuses while their company lays off employees and the company is losing money, I know there is a problem.

@adaher - confident in the boom, start adding more and more workers. have there not been massive lay-offs recently in various industries across the board? And most new manufacturing jobs that are being cut are going overseas?

03-12-2006, 12:41 PM	#8
Mjxhnapi Join Date Oct 2005 Posts 478 Senior Member	I was reading an article not long ago about how CEO wages compare to the base wages within a company. In the US, the average CEO was making something like 450 times what the lowest paid worker at the company was. In the rest of the developed world, it was hovering more in the 5 to 15 times rate. Do CEOs really deserve those kinds of wages? I read something about that too. Seems Japanese automotive execs make about 10% of what their average American counterpart would make as a base salary. Bonuses etc.. were also extremely low in comparison. When I hear about CEOs getting bonuses while their company lays off employees and the company is losing money, I know there is a problem. @adaher - confident in the boom, start adding more and more workers. have there not been massive lay-offs recently in various industries across the board? And most new manufacturing jobs that are being cut are going overseas?
	Quote