Now an average of 324 times their average employee. https://thehill.com/policy/finance/...1-was-324-times-higher-than-employees-report/ just another symptom of the bifurcation of society. Even it were a few hundred dollars more a year per employee, there are a lot of families that could use that money. The Amazon CEO is over 6000 times their average employee.
One of the few things I've done a 180 on from a free market economics perspective. Used to be against it, but as the gap has gotten so exponentially greater, it's pretty clearly a huge issue as giant corporations dominate their industries.
Just work harder. After 10 years at your company you might get, like an engraved paperweight or something.
Some corporations/investment management corporations firms like Blackrock should be broken-up into smaller corporations. And although I have no problem with what a CEO earns I do find it weird that the shareholders would vote to give their CEO that much money to run the company. Right here BELOW is why we need to regulate these huge multinational corporations more tightly. This highlighted below should NOT be legal. BlackRock, the world's largest investment manager, has become an increasingly influential Wall Street player in Washington, DC. The firm has hired notable policy-makers over the years, and at least three leaders with the New York-based asset manager on their resumes now hold prominent roles in President Joe Biden's cabinet. Former BlackRock investment executive Brian Deese leads Biden's National Economic Council, effectively serving as his top advisor on economic matters. Biden also tapped Adewale "Wally" Adeyemo, a former chief of staff to BlackRock chief executive and longtime Democrat Larry Fink, to serve as a top official at the Treasury Department. Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager
The most surprising takeaway from that article to me was that apparently the median salary at Netflix is $200,000 - I guess that’s a side-effect of their business model in that it doesn’t really have any “front line labor” and it’s mostly tech workers who are obviously making much more than, say, a picker at an Amazon warehouse or a random salesperson at an Apple store.
