LETS look at the workers and CEO's resumes side by side... WHO would you hire as your CEO, and who would you hire as the worker?
That person that makes $35,000 DOES NOT have to work there if they dont agree with it, you dont have to work for that company either.
So, why is that person who is only making $35,000 a year stuck at that job? Did they apply themselves 100% in college? Did they strive for non-paid internships whenever they could? Did they put in tons of extra hours networking themselves? Did they study the future business markets to make a correct choice on what career moves they should make?
Im betting that the CEO probobly did most of these, if not all... While the worker making $35,000 didnt have a single thought about even accomplishing any of these.
PERSONAL RESPONSIBILITY. Someone made hard choices, and worked hard and sacrificed to get where they are. While the other probobly skated by.....
You are preaching to the choir about personal responsibility NFL! I preach it everyday to my kids...
But you continue to ignore the vast area of square footage that lay between the CEO's pay of 400 million and the hard working (glad I have a job in this economy) employee of Apple that makes 35,000.
The Apple employee would have to work 10,000 years to make 50 million less than the CEO does in A SINGLE YEAR!!!! Are you telling me that Apple could not have hired a top notch CEO for 50 Million?
Im not... Im just justifying that the CEO could more then likely do the job that the worker does... but the worker couldnt do the job the CEO does.
So... lets put this into a sports metphor.
Could Mike Jones a huge Patriots fan who is 350lbs who never went to high school and has never even done anything athletic in his life, who spends $300 on a seat to watch the Patriots play, , become the starting QB for the Patriots and make $70 million a year?
Why not?
Please stop with the "The CEO can do things that everyone else can't do" rhetoric. I get it...they are talented and should be paid accordingly...
Honestly, the workers will never get the opportunity to find out if they could be the CEO. Having a family and trying to provide for them keeps most hard working people from taking too many chances.
I'm not hating on the CEO or the starting QB of the Patriots. I am simply saying, should the CEO make such an astronomical salary compared to the average employee of the same company?
there is not time or space here to explain how ceo compensation works, but the man does not make 400 million per year... but that is not the point, even if he did make 400 million per year, why would it matter what the disparity between an hourly employee and the CEO?
that's like comparing what a towel boy makes to tom brady.
you can't pay people based on NEED
you can't pay people based on how hard they work
you pay people based on their value and potential value.
hey I am sorry that the value of a fry cook at mcdonalds is $9/hour and the ceo makes $8 million, but they're only a handful of people that can be the ceo of mcd and millions of people that can be a fry cook, it's just simple math.
You do realize that the average employee of a company such as Apple would have a college degree and would have probably been one of the tops in their hs class.
Quit acting as if all these people making 30-50 K per year are chumps who sit at home and twiddle their thumbs hoping to get something that they don't deserve!
Do some research before you start popping off buddy!
http://www.huffingtonpost.com/2012/07/16/tim-cook-salary_n_1676660.html
It's official: Apple CEO Tim Cook was last year's highest paid CEO in Silicon Valley. By a lot.
According to an annual analysis of top executive compensation in the Valley done by the San Jose Mercury News, the head of the Cupertino, Calif.-based computer maker was paid a whopping $378 million in the 2011 fiscal year, the vast majority of it in Apple stock. Cook, previously Apple's chief operating officier, was named chief executive in August 2011, right as Steve Jobs became too sick with pancreatic cancer to continue heading the company he founded in 1976.
Like I said before, if they dont think they are getting a fair wage for their skills, they DO NOT have to work there. They can find employment somewhere else, or they can better themselves and move up in the company with promotions for better wages.
The only thing stopping them, is themselves and the choices they make!
Did they start a family to early? Did they get arressted for doing something stupid? Did they graduate college with a worthless degree? There are lots of factors in which they are hyolding themselves back from the choices they made.
And why their failures is my or anyone's problem?
Because not ALL of them think they're getting unfair compensations. FACT: Most of Apple & Microsoft employees believe they're getting paid very competitively. Apple & Microsoft ranks in the top 50 best companies to work for. Your "they're not getting paid fairly" rants are baseless. End of story.
