Originally Posted by chiefzilla1501
I have a lot more faith in the Wall Street Journal to get the story right, and they showed 10% increases on MEDIAN executive pay. Which means that even halfway down the list, you're seeing exorbitant pay increases. This wasn't based on average pay. Executive compensation has become so complicated that the source of data is pretty critical.
I don't know the answer to growing in profitability vs. those flat or in a decline. But given that this economy is in a recession and most companies heavily skew toward the latter, it should be unsettling that we're seeing pay increases at all, let along exorbitant increases.
And keep in mind... this is a minimum of what they're making. We're not factoring in things we may not realize they are making but were difficult to account for. And we're not even touching the key discussion point that many executives are paid on options, which means they make a shitload of money when their company grows and they make a lot of money if the company tanks too. So we're not even factoring in the economic impact of our executives gambling on decisions to boost their own pay -- that needs to be factored in to, because the risk of a bad decision becomes an added cost to the corporation.
Source of pay is easy to get to, its public information for publicly traded companies. You can go to the use link and pick by company and see the pay in total
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013