CEOs for major U.S. companies make 347 times more than the average worker

[AlainLocke]

Only on AP: CEO pay climbed faster last year, up 8.5 percent

NEW YORK (AP) — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That’s the biggest raise in three years.

The bump reflects how well stocks have done under these CEOs’ watch. Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor’s 500 index returned 12 percent last year.

Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. That’s nearly double the 10.9 percent rise in the typical weekly paycheck for full-time employees across the country.

“It’s all out of whack right now,” said Heather Slavkin Corzo, director of the AFL-CIO Office of Investment, which says CEOs for major U.S. companies make 347 times more than the average worker.

http://nypost.com/2017/04/25/marissa-mayer-will-get-186m-golden-parachute-from-yahoo/
Yahoo Chief Executive Marissa Mayer may not have been able to save the company she joined nearly five years ago — but she certainly saved her bank account.

Mayer will receive $186 million for the stock, stock options and restricted stock units she holds if shareholders on June 8 vote to approve the $4.48 billion sale of Yahoo’s core search and email service to Verizon, according to a report.

 

[King Frost]

Are they supposed to be paid less ?

 

[D.C Young]

Maybe I'm missing something, but arent CEO's supposed to be paid more then the average worker? lol

I always hear these headlines on how CEO's get paid more then the average worker, but they supposed to right?

I do see a problem with CEO's salaries getting increased while the average worker salarie isn't

 

[Arithmetic]

And 347x is just an average of the CEOs. It can be 1000s of times more at some companies. For example, when Tim Cook took over Apple after Steve Jobs passed away, he was immediately awarded a one-time stock award of $400 million.

 

[Tunez]

Tell us something we didn't know

 

[cheek100]

No shyt Sherlock

 

[Bubba T]

Not just CEO's, but all C-suite execs pay compared to the worker bees is a bit revolting when you actually look at it.

Funny thing is when the board of directors approves a payout for the small group of execs which averages five to six figures each, but merit raises for the worker bees is an average of 2.5%

 

[ace416]

Rightfully so. Gives the subordinates something to work towards.

You think if middle managers were in the same pay range as the CEO they'd buss their ass to climb the corporate ladder? Hell nahhh

 

[ORDER_66]

No shyt....

 

[BelieveBeOK]

You couldn't pay me enough to deal with all the bullshyt CEOs gotta deal with from all their stakeholders. You gotta keep everybody happy, employees, regulators, creditors, government, customers, suppliers, tree huggers, analysts, media, auditors, the tax man, your board and your finally within all that mess, you still have to find a way to maximise value for your bosses, the shareholders.


Worst part is a lot of the time these people will have competing interests so you gotta constantly find that one little sweet spot where everybody is happy (or at least not upset enough to call for your head)



Then most still have a wife and kids to worry about.


CEO's for the most part deserve their pay. It's probably one of the WOAT jobs in my opinion just for the amount of bullshyt you gotta put up with from so many different people

 

[mannyrs13]

You couldn't pay me enough to deal with all the bullshyt CEOs gotta deal with from all their stakeholders. You gotta keep everybody happy, employees, regulators, creditors, government, customers, suppliers, tree huggers, analysts, media, auditors, the tax man, your board and your finally within all that mess, you still have to find a way to maximise value for your bosses, the shareholders.


Worst part is a lot of the time these people will have competing interests so you gotta constantly find that one little sweet spot where everybody is happy (or at least not upset enough to call for your head)



Then most still have a wife and kids to worry about.


CEO's for the most part deserve their pay. It's probably one of the WOAT jobs in my opinion just for the amount of bullshyt you gotta put up with from so many different people

That may be true but I'm sure they got a team of executives that deal with all issues that occur. The ceo may sign off on the decisions but they aren't making every single one.

 

[Harry Sax]

You couldn't pay me enough to deal with all the bullshyt CEOs gotta deal with from all their stakeholders. You gotta keep everybody happy, employees, regulators, creditors, government, customers, suppliers, tree huggers, analysts, media, auditors, the tax man, your board and your finally within all that mess, you still have to find a way to maximise value for your bosses, the shareholders.


Worst part is a lot of the time these people will have competing interests so you gotta constantly find that one little sweet spot where everybody is happy (or at least not upset enough to call for your head)



Then most still have a wife and kids to worry about.


CEO's for the most part deserve their pay. It's probably one of the WOAT jobs in my opinion just for the amount of bullshyt you gotta put up with from so many different people

11.5 million seems like it's worth it to me

 

[Malta]

You couldn't pay me enough to deal with all the bullshyt CEOs gotta deal with from all their stakeholders. You gotta keep everybody happy, employees, regulators, creditors, government, customers, suppliers, tree huggers, analysts, media, auditors, the tax man, your board and your finally within all that mess, you still have to find a way to maximise value for your bosses, the shareholders.


Worst part is a lot of the time these people will have competing interests so you gotta constantly find that one little sweet spot where everybody is happy (or at least not upset enough to call for your head)



Then most still have a wife and kids to worry about.


CEO's for the most part deserve their pay. It's probably one of the WOAT jobs in my opinion just for the amount of bullshyt you gotta put up with from so many different people

Get all the way the fukk outta here with this nonsense.

 

[delta]

You couldn't pay me enough to deal with all the bullshyt CEOs gotta deal with from all their stakeholders. You gotta keep everybody happy, employees, regulators, creditors, government, customers, suppliers, tree huggers, analysts, media, auditors, the tax man, your board and your finally within all that mess, you still have to find a way to maximise value for your bosses, the shareholders.


Worst part is a lot of the time these people will have competing interests so you gotta constantly find that one little sweet spot where everybody is happy (or at least not upset enough to call for your head)



Then most still have a wife and kids to worry about.


CEO's for the most part deserve their pay. It's probably one of the WOAT jobs in my opinion just for the amount of bullshyt you gotta put up with from so many different people

 

[Umoja]

Acceptance of this type of bullshyt is why the world is so fukked up. It always amazes me that broke people will take the side of those hoarding money and power, as if they will some how get a worthwhile cut out of it. This mentality lead people to vote for Trump, thinking he'd have poor people's back.

It's a problem because of the growing gap between you the rich and poor. You would expect a CEO to earn more than his employees, but several years ago that gap was something like 10x the amount and people could live in comfort from the money they earned. Now, people are struggling to pay their bill whilst those on top have more money than they know what to do with.