In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year. Meanwhile the average company worker salary had increased to $53000. Let that soak in! Yeah seems fair to me.
Mr Socialist,
If a guy can make $16million and still pay his employees $53k/year, what's the problem? I don't see your point. This is America, land of the free. Pissed about how much your CEO makes? Go find another job or become a CEO...
Originally Posted By: Phil_Army
Originally Posted By: Zzzfog
In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year. Meanwhile the average company worker salary had increased to $53000. Let that soak in! Yeah seems fair to me.
Mr Socialist,
If a guy can make $16million and still pay his employees $53k/year, what's the problem? I don't see your point. This is America, land of the free. Pissed about how much your CEO makes? Go find another job or become a CEO...
Isn't it funny how the high IQ (Lol) crowd resorts to name calling when presented with facts. Typical Phil
Right and wrong will never change---only people's perception!
Re: Wage Limits = Would you support a law like this
[Re: Atoler]
#1840724 09/10/1602:37 AM09/10/1602:37 AM
In 1965 the average CEO pay averaged roughly 20 times that of the average company employee...$832000 to $40000 annual salary.
By 2014 the average CEO pay had increased to $16.4 million per year. Meanwhile the average company worker salary had increased to $53000. Let that soak in! Yeah seems fair to me.
Care to share a link on that? Because adjusted for inflation, $40k back then, has the buying power of $150-200k today.
And yes, whatever the actual numbers, it is fair.
The numbers are to be found numerous places on the web. Mine came from the economic policy institute.
Right and wrong will never change---only people's perception!
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840732 09/10/1602:45 AM09/10/1602:45 AM
There's no way that the average salary in 1965 was $40k. Brand new cars only cost like $2500 back then. And I guarantee you that I'm not low IQ. I run a very successful real estate business, what do you do?
Broker/Owner and Area Representative for 1st Class Real Estate 2018's #1 Real Estate Agent according to the Tuscaloosa News
Re: Wage Limits = Would you support a law like this
[Re: Phil_Army]
#1840737 09/10/1602:55 AM09/10/1602:55 AM
There's no way that the average salary in 1965 was $40k. Brand new cars only cost like $2500 back then. And I guarantee you that I'm not low IQ. I run a very successful real estate business, what do you do?
Put that wonderfully successful mind of yours to work and do your own research. I did my research and the numbers I put forth are documented facts--whether you agree with them or not I don't care. Just because I can put forth facts to argue an opposing point of view doesn't make me a socialist. And Roll Tide!
Right and wrong will never change---only people's perception!
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840741 09/10/1602:57 AM09/10/1602:57 AM
No I would not support that, but I do believe that employees that work for a company that has over X number of employees should have the opportunity to join a union so the working class in this country have a voice to some degree. Because I feel we are slowly going back to the days of Rockefeller and Carnage where all the power is being put in very few hands and I don't think that is good for the country as whole in the long run.
If you're gonna be stupid you better be tough.
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840744 09/10/1602:58 AM09/10/1602:58 AM
Based on your numbers then, it seems like employees are doing much better today than they were in 1966 (32.5% increase from 40k to 53k). I think the research shows that when CEO's are making more, so do the employees
Broker/Owner and Area Representative for 1st Class Real Estate 2018's #1 Real Estate Agent according to the Tuscaloosa News
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840770 09/10/1604:04 AM09/10/1604:04 AM
That's your opinion and you are entitled to it. However if you think going from a 20:1 to a 310:1 difference in CEO pay versus employee pay is about right then I would like to sell real estate to you using that same equation.
Right and wrong will never change---only people's perception!
Re: Wage Limits = Would you support a law like this
[Re: Zzzfog]
#1840773 09/10/1604:14 AM09/10/1604:14 AM
That's your opinion and you are entitled to it. However if you think going from a 20:1 to a 310:1 difference in CEO pay versus employee pay is about right then I would like to sell real estate to you using that same equation.
What's wrong with that difference? In your opinion, what is "Right"
Originally Posted by Patricia Heaton
If you’re a common sense person, you probably don’t feel you have a home in this world right now. If you’re a Christian, you know you were never meant to.
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840793 09/10/1604:56 AM09/10/1604:56 AM
I'm mostly trying to point out that from a factual standpoint that employee compensation has not kept pace with employer compensation over the last 50 years. And it's a large gap that is ever increasing. Not sure what the answer is as it's difficult to legislate greed. There is no such thing as a perfect system but I would like to believe we could do better than we are doing presently where the top 1% control 50% of the wealth in this country.
Right and wrong will never change---only people's perception!
Re: Wage Limits = Would you support a law like this
[Re: hunterbuck]
#1840798 09/10/1605:09 AM09/10/1605:09 AM
Sometimes we are so rooted in our conservative ideologies that we can't or won't open our mind up to the possibility that wealth inequality might he real thing, and that it's not a good thing. I am capitalism supporting, free market living conservative BUT I can see that the system is stacked against the common man. Watch this and I think some eyes will be opened. Edit to add that I don't think the government has any business trying to intervene and set a wage limit.
Last edited by Southwood7; 09/10/1605:21 AM.
The Spirit of God has made me; the breath of the Almighty gives me life. Job 33:4
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840802 09/10/1605:18 AM09/10/1605:18 AM
Start limiting the amount of money a person can make and you start killing our economy. If I am a business owner why would I grow it past what I could make? I wouldn't. Therefore since I am not growing my company I am not hiring more people. By not hiring people I am not increasing the workforce and increasing tax paying workers. Unemployment rises and more people have to get on the check. Folks like you socialists then blame the rich guys and want to tax them more to pay for the people on welfare.
See how that works.
Re: Wage Limits = Would you support a law like this
[Re: gbee]
#1840808 09/10/1605:22 AM09/10/1605:22 AM
Why should I "BE FORCED" to help support his employees while he is getting filthy rich?
(I don't know where I stand on this, so I am playing devils advocate)
Your problem is with the government...not with him or his company.
Kinda what I was thinking..........
It's always the problem. Get rid of corporate welfare, lobbyist, career politicians and illegal immigration and most problems with corporations would work themselves out. Never happen but those are the real issues plaguing the American worker.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
Re: Wage Limits = Would you support a law like this
[Re: Beer Belly]
#1840810 09/10/1605:25 AM09/10/1605:25 AM
We definitely are going back to where we were as a country before organized labor. The difference now, is that employers will just move a job oversees, or hire an illegal if the American workers ever revolt, speak up, or ask for a better wage. What's happened with business is no different than the things we all complain about regarding the liberal progressive movement. The liberal movement was done slowly over decades. The wage gap was planned by the wealthy, and done slowly over decades with free trade and their supposed inability to stay profitable and competitive. It was done to keep 99% of available money in their hands, and give the ''working class'' just enough to stay housed and fed with a little in savings.
Re: Wage Limits = Would you support a law like this
[Re: Zzzfog]
#1840835 09/10/1606:58 AM09/10/1606:58 AM