If you weren’t sold on the whole Occupy Wall Street thing before, then listen up — despite the United States still in the process of picking itself out of a major recession, the average corporate CEO raked in nearly $10 million apiece in 2011.
The results of a study published on Friday by the Associated Press reveal that, on average, the chief executive officers at public companies raked in around $9.6 million each last year.
But how does that rack up when compared to the average American? The median pay for a worker in the US in 2011 was clocked in at only $39,300 last year.
The AP has analyzed the payouts from 2011 issued to CEOs of public companies to come to these results and, for the average American, the findings may be beyond depressing. The highest CEO, in fact — David Simon — brought in $137.2 million last year, a 458 percent increase from the year before.
Tags:
The amount of money someone one makes is determined by the market, if they bring that much more to a company GREAT!!! If they undermine the constitution and knowingly allow people to be harmed -hang em!
Unless we become a communist nation, these high salaries will continue. The only other way to end this is for the investors to say no more.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
© 2024 Created by truth. Powered by