7 CEOs pulling in outsized paychecks
The typical CEO at an S&P 500 company makes 180 times more than an average employee does. Here are 7 who earn 1,200 to 2,500 times more.
VIDEO ON MSN MONEY
If funny how we vilify CEOs because they make 1,200 times more than their employees do. Why is it that no one has problem with athletes making several thousand times more than the ushers and concession workers? Or movie stars making millions for a few weeks of work, while their stunt people make a couple of thousand dollars getting their bones broken to make the star look good? Why can Kim Kardashian make millions saying look at me, I’m pretty while her staff makes peanuts? Athletes play a kids game, actors travel to exotic locations to be waited on hand and foot and Kim is famous for being famous and that’s ok? The CEOs that make millions put in long hours making sure the company is profitable so the company can stay in business. If they do a bad job, they are out of business. Thousands of workers would lose the jobs and many thousands more would loose their 401k investments. If an athlete playing a kids game does a bad job, they lose the game. When an actor does a bad job, it’s a lousy movie. When Kim does a bad job, she doesn’t get her picture taken. I am not saying that all CEOs are worth the money, but compared athletes, actors and other celebrities, CEOs earn their money. If you are still mad about how money CEOs make, be intellectually honest and be angry what athletes, actors and celebrities make.
So the real question is would all these CEOs have done the exact same job if they did not get paid as much? What else could they do, get a real job...LOL. Let me guess they are going to refuse to work and collect unemployment. Every time I watch undercover boss NONE of the bosses can ever do the work that their employees do.
I bet $ that these people would have done the EXACT same job for 100 times less then they were paid. Simple math says that when people make 1000 to 1 ratios only 0.1% of the population can make that on average for a length of time. It is hard to convince a bunch of donkeys to chase after carrots when they know they will never ever get a carrot.
Small businesses take ALL of the risk and for that the owners should be rewarded not penalized.
Employees are an important part of my engine, however I know they could care less if I make money as long as they get their paycheck. For that mind set they are not worthy of anything more than a fair days wages for a fair days work...Isn't that the labor unions creedo anyway?
When they stay up nights wondering where the next customer is coming from, or how to make payroll or pay the bills then they are worth more to me and most CEO's than the average worker that want's more but isn't willing to do anything about it. Please America STOP WHINING about not having enough and get back to work! Bill Marriott once said - paraphrased..."Unless you get an inheritance or win the lottery, no one ever got rich by sitting on their butt!"
Have the UNIVERSITIES and SCHOOLS been BRIBED and COERCED to not TEACH these subjects BY THE VERY PEOPLE WHO ARE PSYCHO PATHIC ABOUT MONEY AND WEALTH ???
Sadly our OWN GOVERNMENT ALLOWS THIS CAPITAL COMMUNISM TO FLOURISH AND EXIST!!!
Let me see if I understand, When a corporate executive who directs the operation of a large or even multi-nation business makes a 7 or 8 figure income, there is something wrong with "the system, but when an 18 yr old fastball pitcher lands a $100,000,000.00 contract, its HOORAY?
Get a clue people!!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] Equity indices continue drifting near their best levels of the day, but the energy sector (-0.4%) has recently tumbled to a fresh low amid a decline in the price of crude. The energy component is now lower by 1.2% at $93.32/bbl after trading little changed at the start of the session.
Outside of energy, the utilities sector (-0.7%) is the only other decliner. Elsewhere among countercyclical groups, the consumer staples sector underperforms, but has been able to stay out ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'