Off Topic Cafe If it doesn't belong in any of the other forums. Post all Off Topic stuff here.

Amount of time it takes to earn what a CEO does in an hour

Thread Tools
 
Old Dec 13, 2013 | 04:40 PM
  #1  
nerd's Avatar
Thread Starter
Member
 
Joined: Oct 2001
Posts: 71
Likes: 0
From: Malvern, PA
Vehicle: 2002 Accent
Default Amount of time it takes to earn what a CEO does in an hour

So here is an interesting study I saw in the news today, over a hundred fast food and retail stores were sampled and they calculated how long it takes the average employee to earn what their company's CEO earns in an hour. Here are the companies from the sample with the highest earning CEOs, and how long it takes an average worker to earn just an hour of their pay.



McDonalds - 6 months 4 weeks



Starbucks 6 months 2 weeks



Dollar General 5 months 4 weeks



The Gap 5 months 2 weeks



TJ Maxx 5 months 2 weeks



Target 4 months 4 weeks



Walmart 4 months 3 weeks



CVS 4 months 2 weeks



Best Buy 3 months 4 weeks



AT&T 3 months 1 week.



My thought is that this is a clear sign of poor income inequality.



http://qz.com/156522/how-many-months...es-in-an-hour/
Reply
Old Dec 13, 2013 | 04:44 PM
  #2  
03-accent-03's Avatar
Moderator
 
Joined: Sep 2008
Posts: 2,816
Likes: 0
From: Las Vegas, NV
Vehicle: 03 Hyundai Accent
Default

If McDonalds had the level of responsibility these CEO's have, I'd expect them to make more too... But they don't. So what's the problem?
Reply
Old Dec 13, 2013 | 07:15 PM
  #3  
Tak82's Avatar
Senior Member
 
Joined: Sep 2008
Posts: 601
Likes: 0
From: USA
Vehicle: 1997 RD 4-door
Default

i hope the greedy ceo's and upper up's get cancer when they retire to enjoy their big fat nest egg.
Reply
Old Dec 13, 2013 | 09:09 PM
  #4  
Tibbi's Avatar
Senior Member
 
Joined: Mar 2008
Posts: 4,185
Likes: 0
From: Atlanta, GA
Vehicle: MC + RD2 + AW11 + 944 = 4x Win
Default

inorite! Nasty CEOs and 1%ers.

How dare they take the hard jobs, making multi-national mega companies successful day-in and day-out. Working sometime 80-100 hours a week and on call 24/7. It's like they feel so damn important taking on the make-it or break-it responsibilities every day. I hope a disgruntled doctor infects them Hepatitis C, or some psycho hobo rapes and murders their children in cold blood. a**holes.
Reply
Old Dec 13, 2013 | 11:41 PM
  #5  
i8acobra's Avatar
Super Moderator
 
Joined: Dec 2002
Posts: 5,735
Likes: 3
From: Vegas, Baby, Vegas!!!
Vehicle: '14 Ford F-150
Default

Originally Posted by Tibbi
inorite! Nasty CEOs and 1%ers.

How dare they take the hard jobs, making multi-national mega companies successful day-in and day-out. Working sometime 80-100 hours a week and on call 24/7. It's like they feel so damn important taking on the make-it or break-it responsibilities every day. I hope a disgruntled doctor infects them Hepatitis C, or some psycho hobo rapes and murders their children in cold blood. a**holes.


I've known a few CEO's. Most spend more time "networking" than making actual decisions. That's what upper management is for.
Reply
Old Dec 14, 2013 | 09:55 AM
  #6  
Stocker's Avatar
Super Moderator
 
Joined: Sep 2001
Posts: 10,795
Likes: 5
From: Pflugerville, TX
Vehicle: 2000 Elantra
Default

...and before you get to the C level, you are usually in (fill in the blanks) U___r M________t



A local economics professor has a saying with which I agree completely: "In America today, if you aren't making $100,000/year by the time you are thirty, either you don't really want to or you suck." I don't really want to. Most people don't really want to. The people out protesting how much their boss makes, suck.
Reply
Old Dec 14, 2013 | 10:06 AM
  #7  
pas1216's Avatar
Senior Member
 
Joined: Mar 2008
Posts: 1,682
Likes: 0
From: Canada
Vehicle: 1991 Impulse RS
Default

The only person in charge of how much money you make in life / at your job is you. Don't like how much money you make or hate your job? It's your own damn fault.
Reply
Old Dec 14, 2013 | 09:55 PM
  #8  
Tibbi's Avatar
Senior Member
 
Joined: Mar 2008
Posts: 4,185
Likes: 0
From: Atlanta, GA
Vehicle: MC + RD2 + AW11 + 944 = 4x Win
Default

Originally Posted by Stocker
A local economics professor has a saying with which I agree completely: "In America today, if you aren't making $100,000/year by the time you are thirty, either you don't really want to or you suck."


It took me until 33 and getting a 2nd job to pull it off, but damnit I plan to make a good living for my family (and garage.) Also made some pretty shitty decisions along the way, and tossed 7 years in the crapper by sticking to a company with no possibility of advancement; but at some point you have to man up and fight for what you want. In the past 10 months I have tripled my income. I want money and a new career, and I'm damn well going make both happen.
Reply




All times are GMT -6. The time now is 09:17 AM.