V.T. Eric Layton Posted April 18, 2014 Share Posted April 18, 2014 What does Larry Ellison care? He's sucking his stockholders and commercial customers out of $37K+ / HOUR !!! I can't even imagine numbers like that. It's mind boggling. http://www.latimes.com/opinion/topoftheticket/la-na-tt-high-ceo-salaries-20140415,0,4593262.story Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 18, 2014 Share Posted April 18, 2014 (edited) Yeah, I know... The 15 Highest-Paid CEOs In America - BusinessInsider: Chief executives in America get paid more than CEOs anywhere else in the world, often bringing in annual compensation packages worth millions of dollars. In the last three decades, CEO pay grew at a faster rate than any other top executive. In fact, CEOs were paid 273 times more than their average employee in 2012, according to a study by the Economic Policy Institute. Oftentimes, these highly paid CEOs can count on their hefty paychecks whether their companies are doing well or poorly. Ten Highest Paid CEOs - Forbes: Highest-Paid Bosses The CEOs of America's 500 biggest companies got a collective pay raise of 16% last year earning total compensation of $5.2 billion. That's an average $10.5 million apiece. Exercised stock options and vested stock awards account for 60% of total pay for this group of 500 firms. Those components of compensation is the reason these CEOs are on list of highest-paid. Stop Obsessing Over Exorbitant CEO Pay - Slate: Last weekend the New York Times published its annual list of executive compensation, with Oracle’s Larry Ellison topping the charts at $78.4 million (and Disney’s Bob Iger in a distant second, at $34.3 million). Pay packages have increased by an average of 9 percent since 2012, continuing a steady and spectacular rise even as average wages in the United States and throughout much of the developed world have stagnated. BOLD colored emphasis mine. Edited April 18, 2014 by LilBambi Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 18, 2014 Share Posted April 18, 2014 I could live like never before in my life with only 1/40th or even 1/80th of just their average increase of $10.5 Million (that was EACH by the way!) Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 18, 2014 Share Posted April 18, 2014 These were broken off from the Oracle Java updates topic because they were way off topic for a discussion of updates. This way we can discuss this a bit here if we would like to do that. Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 18, 2014 Share Posted April 18, 2014 Greed has increasingly become a virtue among Wall Street bankers and corporate CEOs in the U.S. Nowhere else in the world do CEOs insist on receiving compensation as high compared to what their employees earn. Simon Mainwaring Quote Link to comment Share on other sites More sharing options...
V.T. Eric Layton Posted April 18, 2014 Author Share Posted April 18, 2014 I don't hate rich people. I just want to be one. Quote Link to comment Share on other sites More sharing options...
V.T. Eric Layton Posted April 18, 2014 Author Share Posted April 18, 2014 stocks are horrible for business, forcing them to make horrible business decisions just to appease stock holders. As mom used to say when I whined about something as a child, "Tough t*ttie said the kitty, but the milk's OK." Being at the mercy of voting stockholders is a company's burden for going public in order to garner all that public money to expand and run the company. It's the price the company pays for the milk it gets. Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 19, 2014 Share Posted April 19, 2014 TOP CEO Salaries are totally outrageous. Quote Link to comment Share on other sites More sharing options...
ross549 Posted April 19, 2014 Share Posted April 19, 2014 It's the American dream. Get rich fast, makes as much money as possible. Quote Link to comment Share on other sites More sharing options...
Guest LilBambi Posted April 19, 2014 Share Posted April 19, 2014 American Dream for sure. Except when it's not. Quote Link to comment Share on other sites More sharing options...
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