Sunday, April 5, 2009

CEO Salaries

The New York Times has published here its research on CEO salaries. It's pretty shocking.

The newspaper reports that the median annual compensation is 8.4 million dollars, with the top earner apparently making 104 million dollars per year.

That 8.4 million dollar salary means the average CEO makes $2876 per hour or 23,013 per day (calculating 365 days and 8 hours per day). That's great! The average CEO makes in a day more than I make in a year.

Is there an issue of morality here?

1 comment:

pharmacy said...

Those are incredible salaries, having people dying in some parts of the world because they dont have food is some how unfair, when others are just earning too much.