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Are workers getting worse? CEOs getting better? Both?
by spamizbad 6y ago
Are workers getting worse? CEOs getting better? Both?
- efficax 6y agoWorker productivity goes up year over year: https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/ Nobody even knows what makes a good CEO
- Kranar 6y agoThat's taking total productivity and dividing it by workers and then calling it "worker productivity". What's pertinent is whether increases in productivity are directly attributable to the workers in the denominator, or whether there are other reasons for that growth. Furthermore the denominator in that graph is not actually the total workers involved in the productive output of an economy... for example, the billions of workers added to the work force but who work in developing countries for slave wages aren't factored in to the denominator of total workers, but their output does contribute to the numerator.
- 13of40 6y agoI don't see why we care about CEO pay vs. worker pay at all. Being a CEO isn't part of the deal you get from the company as a normal person. What you get is a salary, benefits, security, and a growth path in your career. Have those things changed significantly during that time period?