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You can't be serious. Are you insinuating it has nothing to do with executive wages ballooning (CEO compensation growing nearly 1,000% since the 1970's) and is

You can't be serious. Are you insinuating it has nothing to do with executive wages ballooning (CEO compensation growing nearly 1,000% since the 1970's) and is instead because women are working? https://www.epi.org/publication/ceo-compensation-2018/ https://www.epi.org/publication/ceo-compensation-2018/

frockington1 6y ago
I think you are missing the scale and reaching for a political point where one does not need to be made. There are 500 CEOs in the SP500 and 164 million women in the US. The supply increase of 164 million women will have a far greater impact on the common persons salary than 500 CEOs getting paid more
- jayd16 6y ago
  Isn't that still like $7b[1] at the average 15m? Compare that to $45k[2] * for the 76k[3] women in the workforce, that's only ~$3.5b. Its US women vs the global S&P list, but it is interesting to compare, now that you mention it. [1]https://aflcio.org/paywatch https://aflcio.org/paywatch [2]https://www.catalyst.org/research/womens-earnings-the-pay-gap/#:~:text=A%20Gender%20Wage%20Gap%20Exists,time%2C%20year%2Dround%20workers.&text=This%20is%20compared%20to%2060.2%25%20in%201980.&text=Women%20earned%20a%20median%20of,2018%2C%20and%20men%20earned%20%2455%2C291 https://www.catalyst.org/research/womens-earnings-the-pay-ga.... [3]https://www.catalyst.org/research/women-in-the-workforce-united-states/#:~:text=Covid%2D19%20Is%20Disrupting%20Women's%20Labor%20Force%20Participation&text=In%202019%2C%20there%20were%2076%2C852%2C000,of%20the%20total%20labor%20force.&text=57.4%25%20of%20women%20participated%20in,compared%20to%2069.2%25%20of%20men https://www.catalyst.org/research/women-in-the-workforce-uni....
  - s1artibartfast 6y ago
    your math is of by a factor of 1000X. Per your link, there are 76 million women in the workforce, not 76k. That is $7 billion to CEOs vs $3.5 Trillion for women.
    - jayd16 6y ago
      derp. Of course.
  - JohnPrine 6y ago
    *76m women in the workforce
nullc 6y ago
If you divide the CEO compensation increase by the number of employees in the company you'll see that it itself is not particularly relevant in employee wages. For example Tim Cook earns 133M/yr which is $976 per employee. ... and this probably massively overstates the figure due to contractors. Or Sundar Pichai with $86M/yr which is $676 per employee (again... not counting contractors). Obviously it's more if you include more executives, but the number of top executive companies is basically a constant and at large companies it still ends up being not very large per employee. This isn't to say that it isn't a concern but I don't see how to justify the belief that the executive compensation at large companies is a major factor in the overall wage market.
- deleted 6y ago
  [deleted]

frockington1 6y ago

I think you are missing the scale and reaching for a political point where one does not need to be made. There are 500 CEOs in the SP500 and 164 million women in the US. The supply increase of 164 million women will have a far greater impact on the common persons salary than 500 CEOs getting paid more

jayd16 6y ago
Isn't that still like $7b[1] at the average 15m? Compare that to $45k[2] * for the 76k[3] women in the workforce, that's only ~$3.5b. Its US women vs the global S&P list, but it is interesting to compare, now that you mention it. [1]https://aflcio.org/paywatch https://aflcio.org/paywatch [2]https://www.catalyst.org/research/womens-earnings-the-pay-gap/#:~:text=A%20Gender%20Wage%20Gap%20Exists,time%2C%20year%2Dround%20workers.&text=This%20is%20compared%20to%2060.2%25%20in%201980.&text=Women%20earned%20a%20median%20of,2018%2C%20and%20men%20earned%20%2455%2C291 https://www.catalyst.org/research/womens-earnings-the-pay-ga.... [3]https://www.catalyst.org/research/women-in-the-workforce-united-states/#:~:text=Covid%2D19%20Is%20Disrupting%20Women's%20Labor%20Force%20Participation&text=In%202019%2C%20there%20were%2076%2C852%2C000,of%20the%20total%20labor%20force.&text=57.4%25%20of%20women%20participated%20in,compared%20to%2069.2%25%20of%20men https://www.catalyst.org/research/women-in-the-workforce-uni....
- s1artibartfast 6y ago
  your math is of by a factor of 1000X. Per your link, there are 76 million women in the workforce, not 76k. That is $7 billion to CEOs vs $3.5 Trillion for women.
  - jayd16 6y ago
    derp. Of course.
- JohnPrine 6y ago
  *76m women in the workforce

nullc 6y ago

If you divide the CEO compensation increase by the number of employees in the company you'll see that it itself is not particularly relevant in employee wages. For example Tim Cook earns 133M/yr which is $976 per employee. ... and this probably massively overstates the figure due to contractors. Or Sundar Pichai with $86M/yr which is $676 per employee (again... not counting contractors). Obviously it's more if you include more executives, but the number of top executive companies is basically a constant and at large companies it still ends up being not very large per employee. This isn't to say that it isn't a concern but I don't see how to justify the belief that the executive compensation at large companies is a major factor in the overall wage market.

deleted 6y ago
[deleted]