CEO Compensation And Pay - Are Millions Of Dollars Justifiable
Sensational headlines add fuel to the fire. In Canada, there was a report published in most of the daily newspapers saying that by 10 am on January 2nd, the 100 top paid CEOs in Canada have already earned more than what the average Canadian makes in an entire year. A few more facts on this story: The average income of the 100 top paid CEOs in Canada is $9 million per year. The income of the average Canadian worker is $38,000 per year. Look at it this way - By the end of the fourth day of each year, these CEOs make more than twice what the average person makes in the entire year!
Stories like this are sensational. Sensationalism hurts reputations. Nothing was published about whether these CEOs earn their keep or how anybody would go about measuring their worth. Sure, some of these people are probably overpaid. But some are not. Some of these CEOs, I'm sure, risked everything to start the companies that they now preside over. They risked a lot. They now enjoy the rewards that come with success. Not to mention, many of these CEOs are probably responsible for the creation of many jobs.
In the end, nothing is really told except a headline saying that CEOs make a lot of money - Headlines written in a method to grab people's attention and sell newspapers. There is more to sensational headlines than meets the eye. The unsuspecting public naturally comes to the conclusion that these CEOs are overpaid and immoral. In most cases, I don't think that's true.
Related Tags: ceo pay, ceo compensation, millions of dollars, ceo pay justifiable
Tino Buntic created TradePals to provide advertising and qualified sales leads without cold calling to entrepreneurs across North America - FOR FREE!!!
Visit TradePals at http://www.trade-pals.comYour Article Search Directory : Find in Articles
Recent articles in this category:
- Know The Basics Of International Business Gift Giving
Businessmen would agree that in the business world, giving gifts once in a while can never be avoide
- Investigation Interview Technique: Surveys
Surveys are a great way to gather information during investigation witness interviews. Surveys save
- Mitigating Fraud Through Company Hiring Practices
A quarter of the fraud cases included in the Association of Certified Fraud Examiners 2008 Report to
- Preventing Sexual Harassment In The Workplace
Organizations are responsible for creating a safe work environment, free from sexual harassment. Sex
- Cost Effective Internal Investigation Tools
Businesses cannot afford the costs associated with workplace theft, lawsuits and unproductive proces
- Rent To Own Statutes Affecting Your Business
Although the judiciary, symbolized by a blindfolded woman holding a balance, is supposed to be impar
- How To Balance Friends And Work
Friends and work can both be personally fulfilling. However the social networks and acquaintances th
- The Pros And Cons Of Corruption
Corruption runs against the grain of meritocratic capitalism. It skews the level playing-field; it i
- Ethical Lockpicking
Robert Campbell, a locksmith who owns Advantage Locksmith in New York City, answers some ethical que
- Trend Watch: The Real Deal
DefinitionTransparency walks the divide between honesty and an unapologetic attitude in the search f
Most viewed articles in this category:
- Difference Between Online And Offline Stock Trading
The introduction of the Internet has surprisingly changed our way of life as a society. It has defin
- Does Personality Matter When Running a Business?
In order to run a business you need to have the ability to handle one. You must have certain qualiti
- Business Law - Ethic of the Business
Business Law Before you start a business, legally, you need to obtain any business licenses or perm
- Credibility - Without It You're NOWHERE
Internet marketers, when making a list of the things they think they need in order to successfully r
- Jest Practices: Best Practices for Humor in the Workplace
Most agree that humor in the workplace can have beneficial effects. Yet not all humor is good humor.
- Ethics And Business-What About Civic Responsibility?
The question whether business and ethics are mutually inclusive remains to be one of the most contro
- The Dilemma of Nanotechnology - Science vs. Ethics
What is Nanotechnology and why should I care about it?Nanotechnology, referred to commonly as molecu
- Balancing the Needs of Customers and Shareholders in a Public Corporation
Many people say; It is All About Money when it comes to big corporations. Well yes, that is their jo
- Just Do It and Ask for Forgiveness Later
The greatest shifts in American culture tend to originate from the media, but even something as inno
- Laugh and the Work World Laughs With You
Many of today's work environments are rife with moody bosses and co-workers, repetitive tasks and un