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Agree, this feels like rage bait stats. Anyone who knows about business or at least has tried to run one understands that (typically) the higher up you are in a
by spacephysics 3y ago
Agree, this feels like rage bait stats. Anyone who knows about business or at least has tried to run one understands that (typically) the higher up you are in a company, the more high-leverage decisions you make.
So, if the CEO made choices that increase profit by X multiple, bumping a single persons salary (heck even a handful of execs) by a decently high percent is very different than increasing the 10k’s of employees salaries.
Honestly, a 7% average (not even talking median) sounds pretty darn good given the size of them
- dagw 3y agoThere are lots of ways to raise the avg. salary without giving people a raise. If you fire the lowest earners (and perhaps outsource their jobs to third party contractors) then the avg. salary goes up without having to give anybody a raise.