Skip to main content

"What Excessive Pay Package?" : CEOs vs Average Joes

http://www.portfolio.com/interactive-features/2007/06/salary_comparison

It loads a flash animation...move the slider left/right.

Gist:
1970 - CEOs made 28 times more than average workers.
2005 - CEOs made 465 times more than average workers.

Gouge!

Comments

Barf said…
That 548x in 2000 made me choke a little.
Evolving Squid said…
But the real question is...

"What difference does it make?"

These CEO vs Plebe comparisons are merely media hype... a journalist trying to make a name for himself by pretending to raise an issue for the common man.

What difference does it make to Bob the Assembly Line Worker, if Fred the CEO makes 23089237495827 times what Bob makes? If it bothers Bob so much, what, exactly, is preventing Bob from starting down Fred's career path?

No matter what to careers you pick, one will make more than the other and you can bet that some population of the lower paid one will be pissed about that fact. They'll complain that the higher paid one really doesn't earn their money the way the lower paid one does.

The CEO vs PLEBE money thing is incarnated here in Ottawa by the Civil Servant vs Contractor money thing. Silly Servants like to bitch and moan about how much money consultants make, but you can offer a civil servant a consulting job with all the privileges and responsibilties that go with it, and most will turn it down... why? Because there's more to the money than meets the eye.
Hey MR. Squid. Dunno how I missed your comment earlier, but yes in essence I agree. Mr. Plebe could and should (if bothered) attempt to do down the same career path as Mr. CEO. I was just amazed at the actual GAP. I always accept that there are people who make way more than me, I just didn't realize how extreme it actually could be. It's also sometimes very off putting to see how big the delta is once you've dealt with some of these people and seen how sometimes incompetent they are.

Popular posts from this blog

Keyboard Shortcuts (Part II)

Continuing from my previous post on Keyboard Shortcuts : Windows Desktop/Explorer Window: F1 > Open Windows Help (Or active application help if you aren't on the desktop or in windows explorer) F2 > When you have a file selected F2 will take you into Rename mode F3 or WinKey + F > Open the find file or folder applet F5 > Refresh Window WinKey + M > Minimize All Windows WinKey + shift + M > Restore All Minimized Windows WinKey + D > Show Desktop WinKey + L > Lock Windows (Not available before WinXP) WinKey + E > Launch Windows Explorer WinKey + B > Set Focus to the TaskBar (dunno why you'd want to do this) WinKey + ctrl + F > Open the find computer applet shift + delete > Permanently remove a file (same as delete followed by empty trash) alt + tab > Cycles through your program list alt + shift + tab > Cycles backwards through your program list alt + space > Activate the window control menu (same as right clicking the icon in the top l...

Keyboard Shortcuts (Part I)

People often notice that I don't use the mouse as much as most people. Personally I find it much quicker to do a lot of tasks using the keyboard. Therefore I've decided to post a list of keyboard shortcuts from time to time. Hopefully you'll enjoy them and and find them useful like I do. When editing text: ctrl + arrow (Left or Right) > Move the insertion point left or right entire words. ctrl + shift + arrow (Left or Right) > Highlight entire words (left or right of the insertion point). double click > Highlight an entire word. triple click > Highlight an entire line (not sentence). shift + home > Highlight from the insertion point to the start of the line. shift + end > Highlight from the insertion point to the end of the line.

Something that perplexes me....

I just came across this bit about asteroid Apophis and the chances of it impacting earth . "NASA scientists have recalculated the path of a large asteroid known as Apophis and now say it has only a very slim chance of banging into Earth.. The Apophis asteroid is approximately the size of two-and-a-half football fields, and updated computational techniques and newly available data indicate the probability of an Earth encounter on April 13, 2036 for Apophis has dropped from one-in-45,000 to about four-in-a million, NASA stated." So here's the bit that rubs me wrong: "four-in-a million". Why not say "one-in-250,000". If the authors are really stuck on the whole "four-in" thing then they should have said four-in-180,000 to start with. I really find inconsistencies like this baffling, I wish I knew the author and could understand what they hoped to gain by reporting the number in this way.