Rshermr
VIP Member
What you need to understand, my poor ignorant con, is that what you provided was ceo SALARIES. Now, if you believe that those salaries represent what they make in COMPENSATION, you are really, really ignorant.What market is that, eflat?? You are talking about the ceo marketplace as though it was a market system. Which it is not.
You keep repeating your mantra as if it were rational, which it is not.
What I just said is that it is not a market system. It is a highly monopolistic market with very few competitors. Obviously, there are usually competitors. And, step, you are trying to change my words. That is a bit dishones, don't you think?
Your claim is utter stupidity.
Everyone wants the top job.
The Board has millions to choose from.
But what they want are performers. What is the job of the board of directors? To maximize shareholder value. How do they do that? A professional management team, usually comprised of a CEO, CFO, CIO and Sales/Marketing. The competition for these jobs is fierce. Basic price of admittance is generally an MBA or equivalent degree and a whole lot of experience. The BoD hires them because they perform, they increase the holdings of those who invested in the company.
Tell me, when you hire someone to work on you car, do you rate the "fairness" of your decision? I mean, do you look to make sure that the mechanic you use doesn't make more than other mechanics? Do you demand the mechanic be certified? Why not have a skid row bum work on your car? They need the money more, it would be more fair.
As for CEO pay, you're spewing class hatred and total bullshit.
The average total compensation for a CEO in the United States is $500,000 a year. That includes bonuses.
Chief Executive Officer Salary - Salary.com
That's a lot of money, double what I make, but not the obscene numbers you leftists float. You take Eisner, Tim Cook, and Jeffery Immelt and then represent them as the norm, when they are anything but. The average Hollywood star makes 3 to 5 times what a CEO does, but you'll still have sleazy fucks like Matt Damon stand with a straight face condemning CEO pay.
As for CEO pay, you're spewing class hatred and total bullshit.
The average total compensation for a CEO in the United States is $500,000 a year. That includes bonuses.
Chief Executive Officer Salary - Salary.com
Here, from the source you provided, is a quote:
"CEOs make most of their money through incentives
As a general rule, base salary accounts for just 20 percent of a CEO's pay. The other 80 percent comes from performance-based pay."
You are talking about the ceo's salary. So, multiply by five. But that is not all. Look at the following to get an idea of the scope of the difference:
"t's good to be the king, or CEO, as the case may be. At least when it comes to pay. With a staggering total compensation package of $378 million for 2011, Apple's Tim Cook takes the cake for the highest Fortune 50 CEO-to-typical-worker pay ratio. Indeed, it takes 6,258 typical Apple worker salaries to match Cook's total pay. On the opposite side of the spectrum, the ratio for Berkshire Hathaway's Warren Buffett was 11-to-1. Overall, most CEOs took home an average 379 staffers' worth in base pay."
Fortune 500 2012 - CEO pay vs. our salaries - FORTUNE on CNNMoney.com
See the difference. Before you start to say someone is spewing bullshit, check out your source. Dipshit.