Comments on: Supersize salaries: How much is that CEO worth? http://blogs.reuters.com/great-debate/2014/04/30/supersize-salaries-how-much-is-that-ceo-worth/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: TheWhiteLine http://blogs.reuters.com/great-debate/2014/04/30/supersize-salaries-how-much-is-that-ceo-worth/#comment-85826 Mon, 05 May 2014 20:35:57 +0000 http://blogs.reuters.com/great-debate/?p=30759#comment-85826 I worked for a while for a mediumish company that – as an item in their articles of incorporation – mandated no more than a 25-to-1 ratio between the highest paid and lowest paid employee. The boss was free to give himself a raise – but had to look to the lower end of the scale at the same time.

Remember “the rising tide raises all ships”?

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By: rikfre http://blogs.reuters.com/great-debate/2014/04/30/supersize-salaries-how-much-is-that-ceo-worth/#comment-85763 Thu, 01 May 2014 17:05:57 +0000 http://blogs.reuters.com/great-debate/?p=30759#comment-85763 The CEO is worthless without the personel that make things happen. With that in mind, how much is a CEO worth..? Probably, as much as the janitor.

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By: euro-yank http://blogs.reuters.com/great-debate/2014/04/30/supersize-salaries-how-much-is-that-ceo-worth/#comment-85762 Thu, 01 May 2014 16:07:22 +0000 http://blogs.reuters.com/great-debate/?p=30759#comment-85762 I am glad someone is trying to tackle the ridiculous compensation packets that the business oligarchs award each other. It used to be that the top pay compensated for the risky nature of the top job, but the banks & auto manufacturers have taught us that nobody at the top is held responsible if there is failure. Given that we the people have to bail them out and they STILL award themselves pay raises and big bonuses, it is time that we change the rules to get back to reality.

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By: Corpgov.net http://blogs.reuters.com/great-debate/2014/04/30/supersize-salaries-how-much-is-that-ceo-worth/#comment-85734 Wed, 30 Apr 2014 21:29:52 +0000 http://blogs.reuters.com/great-debate/?p=30759#comment-85734 Paul: A great article, like usual, but with a fundamental flaw that negates a substantial part of the discussion. The bill does not only apply to “companies based in California,” as you suppose, but to companies doing business in California.

I don’t want to get too much into the weeds but firms with “operations” in multiple states have the right to apportion income among those states to ensure no state taxes more than its share of the firms income. So, the tax isn’t easily evaded… unless a company doesn’t want to do business in California.

To be fair, the Los Angeles Times and others don’t seem to understand this aspect of the bill either. Maybe that’s what comes of just about everyone folding up their press offices in California’s Capitol building, although the LA Times still has two reporters. We used to have two reporters from the Wall Street Journal as well. Now, I think 6 newspaper journalists in total.

So, the bill isn’t a job killer. In fact, it is a job creator if signed into law, since if it works at all at least some employees (not just in California but in the U.S.) will get a raise and will be able to spend more — driving up the economy.

Like our AB 32 on climate change, hopefully SB 1372 will set a new standard for the nation.

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