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  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,964
    Rep Power
    922

    Default We’re Number One! America Leads the Way in CEO-Worker Income Gap

    We do have so much to be proud of lately.
    As corporations and wealthy individuals across the United States are slated to benefit from massive tax breaks thanks to the GOP's latest tax legislation, a Bloomberg analysispublished Thursday found that chief executives of American companies already make 265 times the amount of money an average worker is paid—the largest CEO-worker income gap in the world.

    "CEOs of the biggest publicly traded U.S. companies averaged $14.3 million in annual pay, more than double that of their Canadian counterparts and 10 times greater than those in India," according to Bloomberg. While India ranked second on Bloomberg's CEO pay-to-average income ratio, Indian chief executives made about a tenth of their American counterparts' incomes, averaging $1.46 million annually.

    "There are myriad reasons for compensation discrepancies between executives," Bloombergnotes. "The U.S. is home to several of the world's largest corporations, which tend to pay more. Cost of living is often higher in North America and Western Europe than some parts of Asia. And even the mere disclosure of detailed figures can push pay higher as boards set CEOs' compensation in line with their peers."
    We’re Number One! America Leads the Way in CEO-Worker Income Gap

  2. Likes 2631 Liked this post
  3. #2
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    27,883
    Rep Power
    1175

    Default Re: We’re Number One! America Leads the Way in CEO-Worker Income Gap

    Should we look forward to this gap widening a bit more now that our corporate friendly administration has all their ducks in a row? Any guesses?

    Sent from my SM-J327T using Tapatalk

  4. #3
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,964
    Rep Power
    922

    Default Re: We’re Number One! America Leads the Way in CEO-Worker Income Gap

    Quote Originally Posted by 222lifer View Post
    Should we look forward to this gap widening a bit more now that our corporate friendly administration has all their ducks in a row? Any guesses?

    Sent from my SM-J327T using Tapatalk
    I would count on it!

 

 

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