Workers would be hurt by minimum wage hike

submitted by dcjogger from pantagraph.com

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[–]astronautrob 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

That's just one site tho which also happens to be the first thing that comes up when you google ceo pay scale. Here's another, https://www.salary.com/research/salary/benchmark/chief-executive-officer-salary Shows much different information with average ceo salary at 600,000 on the low end. Also the pay scale for ceo varies a good amount depending on what city you search in with bigger cities obviously having a much higher pay scale. But look we can post different websites all day the fact that ceo pay has risen while worker pay has stayed almost stagnant is the point. Not even mentioning that business now pay less taxes, along with the rich, etc.

[–]Only71Genders 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Well since we both used bad links, let's rely on the official statistics: https://www.bls.gov/oes/2017/may/oes111011.htm. So barely above 200k. Not impressive.

[–]astronautrob 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

That figure may not include stock options or bonuses. Also, a lot of ceos report 0 for income so maybe that could impact the numbers. Ceo pay ratio is an interesting thing to look at, https://corpgov.law.harvard.edu/2018/10/14/the-ceo-pay-ratio-data-and-perspectives-from-the-2018-proxy-season/

[–]Only71Genders 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

This link is referring to publicly traded companies. Not all companies. Again, this looks like an effort to deliberately mislead the reader.