CEO salaries increased 300% faster than the avg worker’s
CEO median compensation at the top S&P-500 firms rose 12.6%, to $16.3 Million/year, according to the AP and analyzed by Equilar.
Last year’s wages and benefits of surveyed private sector employees only increased 4.1%.
Again -- more of the rich getting richer – more quickly. Raise their pay and lower their taxes. To them, the Government is an annoyance, to the rest of us -- it is a lifeline.
The Washington Post today reported that Walmart is instituting a bonus up to $1,000 per year for its 100,000’s of employees. This is a good start at allowing employees – that make the company function day-to-day – to take part in the company’s success.
They are the company’s face to its customers. The employees pay a MAJOR role in the company’s success.
What if companies were required to compensate employees similarly, albeit with lower numbers, like the CEO? With salary, but including bonuses, stock, and/or stock options?
Plus, have a seat on the Board of Directors?
The role employees play collectively is more important than the CEOs.
Today, it would take the average employee 200 years (over 4 working lifetimes) to make what the median S&P 500 CEO makes in 1 year.
This is wrong. This is minority rule. Join Power to the People (PttP.us) to change it. Join the team to pass the Voter’s Voice Amendment (VVA.US) to the U.S. Constitution. To institute majority rule by we the people, for the people, a.k.a. Democracy.
Purpose above Politics & Power
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