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One Day of CEO Pay = Minimum Wage for 26,000 Years
Posted By Elisa On 27th May 2006 @ 18:03 In rankism at work, rankist dystopia, financial rankism | No Comments
The average American worker would have to work [1] 51 centuries to earn what the highest paid U.S. CEOs make in a year. Raiding their sofas for change would probably solve world hunger.
Take action to tie the minimum wage to Congressional pay increases [2] right here.
Perhaps while they are enabling the majority of Americans to earn a basic livelihood, Congress will consider taking a [3] serious look at executive pay. Hopefully the [4] Enron verdict will usher in a new era of corporate accountability for gross inequities in workplace compensation.
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URL to article: http://www.breakingranks.net/weblog/archives/190
URLs in this post:
[1] 51 centuries: http://articles.moneycentral.msn.com/Investing/CompanyFocus/WhataHugeCEOSalaryWouldBuyYou.aspx?GT1=8
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[2] right here: http://www.facts-online.org/campaign/take_action
[3] serious look: http://www.nctimes.com/articles/2006/05/27/news/politics/17_00_165_25_06.txt
[4] Enron verdict: http://washington.bizjournals.com/houston/stories/2006/05/22/daily39.html
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