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4/24/2013 9:31:34 PM
13
The moral argument of the salary of the average American CEO
Before I even ask the question, I want to make clear that this is relevant to an essay I'm working on, and the question I'm asking is not the same asked for the essay. I will not use anyone's answer verbatim; I'm just asking because I've discussed this here before and want to see the arguments again.
With the above article in mind, discuss the moral implications of the average American CEO making 343x what the average employee makes.
In my opinion, his salary is justified because of the massive improvement to Ford under his watch. It's also important to understand that his base pay is only around 15% of the total, the rest coming from stock dividends (which Ford was finally able to do due to his efforts) and other pay.
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Exactly. The richest athletes in the world only get a fraction of their earnings from sports, they get a lot more from advertising.
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Supply and demand man, Supply and demand
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343 confirmed satan Burn in hell for making halp 4!
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I generally don't care how much a CEO pays himself or how many times more his pay is compared to his employees, per se. But if the employees are being paid bullshit wages and lack benefits while the CEO is paying himself hundreds of times more than the average employee, I'm going to consider him to be an immoral asshole who wants nothing but money.
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I don't have time to read the article, but I can make a quick post. CEO Salaries are higher for two primary reasons. 1. Their jobs and lives are often at the mercy of factors they cannot control. The economy as a whole affects the profit of a business. Real Estate plummeted not because Realtors weren't good at selling homes, but because of a host of other factors. Thus the CEO of a company has a much bigger risk to his job (as he is held accountable) due to these outside factors that are simply not his fault, so it is a matter of maintaining risk vs. reward. 2. If a worker gets laid off due to cutbacks, the company compensates him. If a CEO has to leave because the company failed, unless shady things are going on he has nothing. CEO's are paid a bunch because there is no fallback for them if they get ousted from their jobs, and to maintain a certain standard of living for a period of time after losing their job, they have to be receiving a large income. They also don't generally get retirement I believe, so this is what they get for the rest of their lives.
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If we're going to have a debate about anyone's salaries, it should be politicians.
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The improvement to Ford might have been under his watch, but what about the employees who actually do what he says? I don't know if this is a question of morals. But I think that our system needs to support wages that increase along with productivity. Maybe a tax on companies based on the disparity in executive and employee pay? I don't know.
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There is no argument. The CEO is the one who make sureeveryone else has a job. He can pay himself what ever the hell he wants. Your company, your rules
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[quote] With the above article in mind, discuss the moral implications of the average American CEO making 343x what the average employee makes. [/quote] I guess I'm fine with CEOs making more than workers, as long as the workers aren't being taken advantage of, or are being paid virtually nothing and cannot survive off of their income.
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4 AntwortenThere is no moral argument. Many don't see it as a moral issue. Even outspoken me doesn't know how to view the sticky problem of executive pay.
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He's the CEO, he can make whatever he wants as long as his company is profiting. Employees don't like it? They can start their own business and make millions, no one's stopping them.
