"America is built on freedoms - of speech, religion, press, assembly, AK-47s and your face."---Mike Strobel

When all is said and done there is nothing left to say or do.
............................................ .....................
Today is as good as it gets, and our tomorrows won't be any better
_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~
These statements have not been evaluated by the FDA, EPA, FBI, DEA, CDC, or FDIC. These statements are not intended to diagnose, cause, treat, cure, or prevent any disease. If you feel you have been harmed/offended by, or, disagree with any of the above statements or images, please feel free to leave.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"The trouble with Republicans is that when they get into trouble they start acting like cannibals"-Richard Nixon
~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~

Top CEO pay equals 3,489 years for typical worker

David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 million, according to an analysis by The Associated Press.

Here are some ways to think about just how much money those salaries represent.

Simon's $137 million is almost entirely in stock awards that could eventually be worth $132 million. The company said it wanted to make sure Simon wasn't lured to another company.

HOW LONG IT TAKES OTHERS TO MAKE THAT MUCH: A minimum wage worker — paid $7.25 per hour, as some workers at Simon malls are — would have to work one month shy of 9,096 years to make what Simon made last year. A person making the national median salary, $39,312 by AP calculations, would have to work 3,489 years.

BY THE HOUR: Assuming Simon worked a 60-hour week, his pay was $43,963.64 per hour, or $732.73 per minute. To put that in perspective, the minimum-wage worker would have to labor for nearly three years to make what Simon earns in an hour. The average U.S. worker makes slightly less in one year than Simon makes in an hour.

More VIA

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
When I was 5 years old, my mother always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy.’ They told me I didn’t understand the assignment, and I told them they didn’t understand life.~ John Lennon
Powered By Blogger