3 ms·
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.
by 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]