Median pay for CEOs rises above $10 million in 2013 Essay example

Submitted By ADEMERDI
Words: 323
Pages: 2

Companies have been happy with their CEOs’ performance and the stock market has provided a big boost,” says Gary Hewitt. I think, it is absolutely right, but payment to the CEOs are really much, absurd. As it written, the employee would have to work 257 years to make what a typical S&P 500 CEO makes in a year. Can you compare these values? It is fact that CEOs’ work is not easy. They always in thinking something and not comfortable like others. But, salary is still discussable for these conditions. Macro-economic teaches us that this level of income disparity in a society is bad. And, if that gap keeps widening, the end game is bad for all especially for very top. It is hard to understand what values they bring to a corporation when they do things, in fact, abdicate their responsibility to shareholders. Maybe it's time that shareholders pay for corporate boards by paying board member pay out of dividends. Maybe after that, shareholders will pay more attention to who they elect to these boards between them. Apparently for me, that article says that American dream is like have just rich CEOs. It is bad for men and women to have insufficient wage while they are taking much money. Poverty can be solved by many ways, but it is not clear that CEOs’ care about this issue. Maybe this issue is not included for his/her work. I think, American’s poor are better than most middle class people from other countries. I can see it clearly. Living standard is higher than other