3 ms·
It was explained to me this way: in the US executive boards are unevenly weighted toward CO interests. In countries where wage experts and workers are more like
by heurist 11y ago
It was explained to me this way: in the US executive boards are unevenly weighted toward CO interests. In countries where wage experts and workers are more likely to sit on boards the ratio isn't absurd because boards are less likely to vote for higher executive wages (Japan and Europe have reasonable CEO wages).
- spitfire 11y agoIn Japan at least a large fraction of the compensation comes in non-monetary "perks". Ex: Company car, use of company plane, etc. Similar things happen in Europe. Though I'm sure it isn't as insane as it is in the US.