rhubarb 2412096 Curiosities served |
2012-01-03 8:32 AM The 1% Previous Entry :: Next Entry Read/Post Comments (4) We haven't had a pay raise in more than five years. In fact, having to take furlough (unpaid) days and experiencing the increase in the costs of living have meant that effectively we've endured pay cuts, not even keeping a stable income, let alone enjoying pay raises.
In contrast, compensation for CEOs of S&P 500 companies in 2010 was up by a median of 36.5%. The top earner was John Hammergren, of health giant McKesson*, who was paid (I reject the word "earned") $145 million in 2010. (information from The Los Angeles Times). That's 5 times as much as I have earned in my lifetime, working 8 to 5, five days a week. CEOs put in far less time for far greater compensation. What "Occupy" is all about. *"McKesson helps health care providers improve business health and deliver better care to patients. As a pharmaceutical distributor and health care information technology company, McKesson provides systems for medical supply management, clinical workflow, practice management, pharmacy automation and care management." Read/Post Comments (4) Previous Entry :: Next Entry Back to Top |
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