I wrote a while back about how the average CEO pay is 475 times greater than the average worker pay. I decided to look into it more. What I wanted to find out was, if CEO pay increased at the same rate as worker pay. The answer? NO.
If an average worker’s pay were increased at the same rate as CEO average pay, the average production worker should be making about $108,000 per year. That would mean that worker and CEO pay were moving in sync. And that would be a good indication to me, that our CEO’s are not being greedy.
Look, I understand there are many in the OWS movement that are just lazy. The same can be said for any movement. However, there are many truths to this movement, and it does make people talk. I believe everyone should be able to get rich in America with hard work and personal ownership of your decisions and actions, but I don’t think greed has has helped anyone but the social elites. Even the president doesn’t make a million dollar salary. I wonder how Ameican’s would react if the president made 475 times the salary of the average federal worker.
Can anyone explain to me why celebrities and athletes make millions, while our public servants are at the bottom of the pay scale?
Here’s a post I found that had some great charts.
