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This is a fun counterpart to the pg post that made the front page today also. CEO-to-worker compensation ratio is an interesting data point showing that there'
by mdorazio 6y ago
This is a fun counterpart to the pg post that made the front page today also. CEO-to-worker compensation ratio is an interesting data point showing that there's more to "how people get rich today" than just "tech startups are easy money".
- LanceH 6y agoHow is this a counterpoint? It's just a couple numbers thrown around to fan the flames. There is no effort to analyze the numbers, and deliberate effort in the opposite direction: "Last year, McDonald’s boss Steve Easterbrook earned $21.7m while the McDonald’s workers earned a median wage of just $7,017 – a CEO to worker pay ratio of 3,101 to one. The average Walmart worker earned $19,177 in 2017 while CEO Doug McMillon took home $22.8m – a ratio of 1,188 to one." Comparing ratios of yearly earnings between a CEO and part time workers can only be deliberate manipulation of numbers. This article is garbage designed to outrage and that's all it is.
- effingwewt 6y ago>How is this a counterpoint? It's just a couple numbers thrown around to fan the flames. There is no effort to analyze the numbers, and deliberate effort in the opposite direction As opposed to the garbage PG pulled out of his ass for his blog? Also comparing CEO pay with hourly part time pay is completely on-point, as CEO's famously do very little work unless you count networking at the golf course as billable hours. As someone here said just days ago 'Jesus Christ himself isn't worth 500x' I would add especially since the low wage hourly workers are almost always the ones making the actual money for the business.