NJRVer wrote:
2008 GM CEO $14.9 million
2009 UAW worker $28hr.
2019 GM CEO $21.87 million
2019 UAW worker $30hr.
And that is what is great about this country. You can start of with nothing and become a CEO. Although it will require working over 60 hours a week and years of climbing the latter. You will also have to have smarts to run a business.
The job of a CEO is also more volatile because the board will replace you quick if you don't show progress and increase shareholder profits. After all, there are many people with their 401ks and other investments in these companies that are dependent on profits. If they don't produce then their bonus and even job is in jeopardy.
How much does the president of the UAW make?