Most of what you hear about CEO pay is bogus propaganda. First, it focuses not on the average CEO, but on a few select high rollers in companies where relatively few Americans are employed. Second, pay as criticized is not salary, but total compensation the bulk of which is some form of stock and/or the potential future value of retirement income. Next, CEO pay is an annual decision that can be changed quickly by the board of directors. The stock awards can even be taken back under certain circumstances.
Category: At Work
Most people spend two thirds of their lives at work and work is the place where we see people at their worst. It’s like we check our common sense at the door. Here’s why.
The value of non-cash compensation.
Teachers, CEOs, members of congress, government workers or the average working Joe or Jane; we don’t understand their compensation and in most cases neither do
How Social Security Works 🤑 What you can expect 🤑 What you need to do
The less you earn, the greater percentage of your pre-retirement income will be replaced by Social Security. It’s designed that way; to provide a higher
Good Job Markets and Marriage Drive Economic Mobility – CityLab
The political left likes to play the blame game, it is expert at finding a scapegoat. Think back over the last ten years, the scape goat list is vast; Wall Street, banks, CEOs, insurance companies, white men, millionaires and billionaires, the “wealthy” in general, inequality, etc.
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