CEO pay soars while workers' pay stalls

Proc? Is this companies restructuring themselves after a recession or disgusting greed when the heart and soul workers had their pay and benefits slashed and their jobs lost?

Viacom - P. Dauman - $84,469,515

Holy snap!

That is the yearly wage of 2112 Americans making 40000/yr. Who can defend this while these companies refuse to rehire workers and instead slash benefits and expert more productivity out of them.

Suddenly my sentiments in the other thread don't seem so commie-socialist.

Ya that does seem a tad excessive.

Oh, you'll all ways be a commie-socialist in our eyes, but you're commie-socialist and we love ya for it

I especially like the part where it says (if I'm reading correctly) that they were able to make these wage increases for CEOs because of extra profits made by laying people off.

I think I already hear the lynch mobs forming.

Hmmmmm. current-events-f59/unlike-competition-u-s-values-profits-over-jobs-t95216.html

It would be intresting if they posted the companies +/- profit beside those numbers.

...and the tax dollars they got in the Great Bailout Hold-up.

This is just more hard evidence that the corporate system, as it is, cannot survive the long-term. Humanity will one day recognize that corporations must go. They cannot be allowed to continue to exist in their current form. If we don't legislate them away, we will one day "revolution them" away. At some point we'll have had enough of corporations and rise up like Libyans.

Hey. You're back. Hell we both are! Good to see ya!

Businesses are in business to make money. Period.

They owe nothing, zero, except a paycheck to employees willing to do the work at the wage set.

CEO's are not regular workers for a company nor should their wages be compared at all. We spend so much time worrying about what other people make.

I thought the BC government was going to give you a couple pay raises over the next two years.

That's crap. Especially when these CEOs are the same people crying for tax dollars to bail out their own failed corporate decisions.

We owe corporations nothing. We owe the workers safe and secure jobs at livable wages because they provide the very society we live in.

We can exist without corporations and their CEOs. We cannot exist without the workers who operate grocery stores, water treatment plants, power plants, etc.