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Why do CEO's make som much?

Middleground said:
They make a pittance compared to the average CEO.
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Actually, no. As I cited above the AVERAGE CEO makes about $160k. Congresscritters make in the same neighborhood.
 
Winston said:
CEO's make like 350 times what their workers make, that's an excess.
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That's if you look at the CEOs of the top 350 companies.

It's probably this statistic which actually says that they make 271 times more

https://qph.fs.quoracdn.net/main-qimg-08f9b89e52fdbb5a03899d134767084c.webp

The problem is that it only looks at the top 350 CEOs and then compares them to the average American worker.

The average CEO actually makes $180k a year. By comparison, the average worker makes $46k annually which is actually a bit over a quarter of what the CEOs make.

And it doesn't seem like it's changed much in the past decade or so.
https://qph.fs.quoracdn.net/main-qimg-6243a8e81e63492160316157bf484630
 
Rogue Valley said:
Wealth inequality in the United States under Donald Trump is at a historic high.
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That is true but mainly because we are rewarding capital to such an extent over rewarding labor.

Even when we are rewarding the efforts of management these days, we tend to reward them with ......Stock Options.

I do think that it is actually difficult to focus on CEO compensation across companies of all types and all sizes. So I am not really sure the thread makes much sense. A CEO for a large auto manufacturer is not doing the same job as a CEO running a company for a Venture Capitalist. They have the the same title but not nearly the same job.

As to the point made earlier in the tread about tech jobs going overseas, I am much disappointed in Management making that decision and for a variety of reasons. That is not to say I was surprised by it, just disappointed. I was still active in a tech business 10 years ago and you could see it coming from a mile away 5 years before that. Did not effect my career directly. But you could just see it coming.
 
Maybe if we worried less about what someone else is making and more about how we can increase OUR WORTH to out employer and give a raise because of that we'd all be better off.
 
These dynamics are overdue for a change.... People are far more aware that the downfall of employee unions and employee benefits and retirement plans gave rise to uncontrollable Executive Compensations. They are paid because their focus in one 'stock holder profit"... which was not what the design of the stock market was created for.

It was to support Business Stability, Business Research and Development and Well Managed Growth... this was designed for "long term holders"... not quarterly spinners and speculation driven fictional over inflation and drain off, promoting the current consume and destroy compensation. CEO are paid to fleece the people where the consumer quality and durability of products become last on the list of concerns, and employees are disregarded as disposable bots... in a low pay cycle... staged and set up to buy low quality cheap non durable goods, becasue that's all their wages can afford. Thus the worker is used to be repeat customers on a planned cycle.
This is "Economic Treason" against the people under the banner of claims that its all purely about profit. Yet that profit is for the Executives and Speculation driven stock spinners.

A New Era is coming.... and the intellect that has improved in the new generation... will no longer be financially blind, nor will they give devoted like worship to the wealth hogs who have damaged so much.

This system of overpaying Executives has long played out. I've written before how stock options must go away, and executive perks must go away and the investing public of the future will not be based on trying to break records every 3 months, but on the long term stability of the company.
This will force a review and re-adjust to deal with actual production and actual sales... as the true measure of performance.

American National debt and its extreme high volume of long term unfunded obligation, no longer support the fiction of the stock ticker... nor the delusions it paints.
 
Bullseye said:
Maybe if we worried less about what someone else is making and more about how we can increase OUR WORTH to out employer and give a raise because of that we'd all be better off.
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That’s not how Marxists work. Marx was very clear. It matter not what you have if others have more.
 
braindrain said:
Seeing as the average CEO in America makes just under 160,000 and a US senator make 174,000 I think you may be a bit off base.


Chief Executive Officer (CEO) Salary | PayScale
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Who are you trying to kid?

Sure, the salary they get paid is only 160K, but if you think people are too stupid to consider the entirety of compensation packages, you are deluded.

When you factor that in, they are making 270 times what the average worker for that same company is making it total compensation.
 
bullseyelqcs said:
Who are you trying to kid?

Sure, the salary they get paid is only 160K, but if you think people are too stupid to consider the entirety of compensation packages, you are deluded.

When you factor that in, they are making 270 times what the average worker for that same company is making it total compensation.
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Do you have proof of your claim
 
bullseyelqcs said:
Try using some and we can talk about it. Using half truths to make a point is bad form.
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Seeing as I posted a link supporting my claim and you have provided exactly nothing I would say the facts are more on my side them yours
 
braindrain said:
Seeing as I posted a link supporting my claim and you have provided exactly nothing I would say the facts are more on my side them yours
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No, you posted a link supporting your half-truth. That isn't proof of anything actual.

Facts are that when you factor in TOTAL compensation, CEOS are making 270 times what thier employees are making.
 
bullseyelqcs said:
Who are you trying to kid?

Sure, the salary they get paid is only 160K, but if you think people are too stupid to consider the entirety of compensation packages, you are deluded.

When you factor that in, they are making 270 times what the average worker for that same company is making it total compensation.
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And how much is the actual net worth of most Senators versus the average worker?
 
bullseyelqcs said:
CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time | Economic Policy Institute

Scroll down to Table 2.

Not that you'll thank me, but you are welcome nonetheless.
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Actually you should be the one thanking me as I will now explain to you why you are wrong. We were talking about the average CEO in America. Your link is only looking at CEOs in the top 350 companies in America.

It's an article looking to push and agenda and as per usual it makes those who fall for it hook line and sinker look all the more pathetic. It's a problem for people like yourself who want to believe something so much that they believe anything they read as long as it supports their world views.
 
braindrain said:
Actually you should be the one thanking me as I will now explain to you why you are wrong. We were talking about the average CEO in America. Your link is only looking at CEOs in the top 350 companies in America.

It's an article looking to push and agenda and as per usual it makes those who fall for it hook line and sinker look all the more pathetic. It's a problem for people like yourself who want to believe something so much that they believe anything they read as long as it supports their world views.
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Seeing as to how the top 350 companies in the country employ nearly 70% of the workforce, with 25% being government employees and the rest employed by what is considered small businesses, your point is bogus on its face.

For those keeping score, that means that 350 people are making 270 times more than 70% of the workforce.
 
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Aberration said:
It was.





It was, and not just me. My reason being that CEO’s get their compensation by voluntary negotiations.

Congress gets it by graft.

One concerns me. The other does not.
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More than half of Congresspeople were millionaires BEFORE they were elected, presumably having used the same route you have just said you have no problem with.

Not sure what you were getting at.
 
I really dont think very many of you have a grasp on the whole 'CEO' thing.

1-Not every CEO is going to make millions. Most companies that have CEOs are booming megamillion dollar businesses. They are startups, small businesses businesses working to survive.
2-the CEOs of the major corporations ont work for the employees. They arent invested in the day to day lives of the employee or plant operation. They work for shareholders. That is why they get paid at the rate they get paid. Their pay scale has nothing to do with what the line employee makes. it has everything to do with how successful investors are...how much the stock grows.

BTW...if you have a 401k...YOU are probably benefiting from a company that has a CEO getting paid big money. If you arent...odds are pretty good that your investments are ****.
 
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