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Because Your Ceo Worth It.

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http://www.nytimes.com/2013/06/30/business/an-unstoppable-climb-in-ceo-pay.html?ref=business&_r=0

WHEN we made our annual foray into the executive pay gold mine in April, chief executives’ earnings for 2012 showed what appeared to be muted growth on the year. The $14 million in median overall compensation received by the top 100 C.E.O.’s was just a 2.8 percent increase over 2011, the figures showed.

Well, what a difference a few months and a larger pool of C.E.O.’s make. According to an updated analysis, the top 200 chief executives at public companies with at least $1 billion in revenue actually got a big raise last year, over all. The research, conducted for Sunday Business by Equilar Inc., the executive compensation analysis firm, found that the median 2012 pay package came in at $15.1 million — a leap of 16 percent from 2011.

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

John Kenneth Galbraith

All in it together the proles get freezes in pay and sacked and the CEO just gets richer.

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http://www.nytimes.com/2013/06/30/business/an-unstoppable-climb-in-ceo-pay.html?ref=business&_r=0

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

John Kenneth Galbraith

All in it together the proles get freezes in pay and sacked and the CEO just gets richer.

It's just another form of economic rent extraction. Noone in their right mind would say it had anything to do with talent or worth. They extract this much out of the companies they oversee because they can. But eventually the power elites will realize that if they don't do something the proles will by taking matters into their own hands.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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