Even though the gap between executive and entry-level worker pay has shrunk ever so slightly in the past couple of years, it's still not unusual for the CEO of a large public company to earn more per day than some of his employees earn over the course of an entire year.
Interestingly, some industries have much larger pay gaps than others. In technology, pharmaceuticals and manufacturing, the differences between worker and CEO salaries tend to be smaller, thanks to higher worker pay. In retail and other consumer-facing industries (where employees work directly with consumers to sell a good or provide a service), the gap tends to be bigger, due in part to the low pay of entry-level workers.
Answer by Sisteract at 12:26 PM on Jul. 8, 2010
Answer by Scuba at 8:58 AM on Jul. 8, 2010
The "funny thing is" in this country, if you want to be the "captain" of the ship, you CAN!!! BUT, it requires a solid education, a TON of sacrifice, determination, finely tuned leadership skills, strong marketing and entrepreneurial skills, and a desire to succeed and be the absolute best you can be!!!
Being at the top doesn't happen easily, or overnight...that's where the problem lies...too many people expect to reach the top without putting in the effort.
This is a great "Letter from the Boss" that everyone should read and comprehend--says it all!!
Answer by LoriKeet at 10:05 AM on Jul. 8, 2010
Answer by mustbeGRACE at 10:33 AM on Jul. 8, 2010
Answer by NotPanicking at 11:11 AM on Jul. 8, 2010
Answer by mustbeGRACE at 9:04 AM on Jul. 8, 2010
Answer by mustbeGRACE at 12:06 PM on Jul. 8, 2010
Next question overall
At what age did you start giving your children an allowance?