Chef Jim Posted October 23, 2013 Share Posted October 23, 2013 Who sets CEO pay? I think the better question is what is a typical CEO's pay made up of? Link to comment Share on other sites More sharing options...
IDBillzFan Posted October 23, 2013 Share Posted October 23, 2013 Who sets CEO pay? The federal government, as dictated by a Blue Ribbon Round Table Committee consisting of the best CEOs in the business. And then, when it fails, the WH can announce that it's bringing in the best and brightest CEOs to create a surge to fix the problems by the first group of best and brightest CEOs. Is there nothing a Blue Ribbon Round Table Surge Committee CAN'T do? Link to comment Share on other sites More sharing options...
Jauronimo Posted October 23, 2013 Share Posted October 23, 2013 The federal government, as dictated by a Blue Ribbon Round Table Committee consisting of the best CEOs in the business. And then, when it fails, the WH can announce that it's bringing in the best and brightest CEOs to create a surge to fix the problems by the first group of best and brightest CEOs. Is there nothing a Blue Ribbon Round Table Surge Committee CAN'T do? So what you're saying is that we need a CEO compensation Czar? Link to comment Share on other sites More sharing options...
DC Tom Posted October 23, 2013 Share Posted October 23, 2013 Who sets CEO pay? Given that a CEO's total compensation is his earnings over a lifetime, and at some point he's earned enough. it's obvious that the arbiter of CEO compensation can only be a CEO death panel. I think the better question is what is a typical CEO's pay made up of? The blood and tears of of the proletariat. Link to comment Share on other sites More sharing options...
....lybob Posted October 23, 2013 Share Posted October 23, 2013 The board of directors sets the CEOs pay up to 20x what the average worker gets - if you want to pay the CEO more just increase the pay of the workers Link to comment Share on other sites More sharing options...
DC Tom Posted October 23, 2013 Share Posted October 23, 2013 The board of directors sets the CEOs pay up to 20x what the average worker gets - if you want to pay the CEO more just increase the pay of the workers What's an "average worker"? Link to comment Share on other sites More sharing options...
....lybob Posted October 23, 2013 Share Posted October 23, 2013 What's an "average worker"? people who work a standard deviation better than you do. Link to comment Share on other sites More sharing options...
DC Tom Posted October 23, 2013 Share Posted October 23, 2013 people who work a standard deviation better than you do. Will you please post something that makes sense? Link to comment Share on other sites More sharing options...
Jauronimo Posted October 23, 2013 Share Posted October 23, 2013 The board of directors sets the CEOs pay up to 20x what the average worker gets - if you want to pay the CEO more just increase the pay of the workers Whats the dispersion in this range? Is 20% the rule or are there some significant outliers skewing the figures? Whats the composition of CEO compensation between salary, stock and options and also between guarantees and incentive based pay? Link to comment Share on other sites More sharing options...
IDBillzFan Posted October 23, 2013 Share Posted October 23, 2013 What's an "average worker"? Based on the recent jobs report, I'm guessing anyone working less than 30 hours a week Link to comment Share on other sites More sharing options...
....lybob Posted October 23, 2013 Share Posted October 23, 2013 Will you please post something that makes sense? Tom you are made of epic fail :wallbash: well I can't waste anymore time casting pearls amongst swine, got to milk the goats then go work-out pecs and lats you know, pecs and lats yep pecs and lats. Link to comment Share on other sites More sharing options...
Koko78 Posted October 23, 2013 Share Posted October 23, 2013 Tom you are made of epic fail :wallbash: well I can't waste anymore time casting pearls amongst swine, got to milk the goats then go work-out pecs and lats you know, pecs and lats yep pecs and lats. Remember to stretch first. Link to comment Share on other sites More sharing options...
3rdnlng Posted October 23, 2013 Share Posted October 23, 2013 Remember to stretch first. The only thing he's ever stretched was the truth. Link to comment Share on other sites More sharing options...
/dev/null Posted October 23, 2013 Share Posted October 23, 2013 You're right we have to limit CEO pay to the historic 20x the average workers pay. Thad Lewis makes $555,000 http://www.spotrac.com/nfl/buffalo-bills/thaddeus-lewis/ Eli Manning makes $20,850,000 http://www.spotrac.com/nfl/new-york-giants/eli-manning/ Is it fair that a franchise QB should make more than 37x an average player? Link to comment Share on other sites More sharing options...
....lybob Posted October 23, 2013 Share Posted October 23, 2013 (edited) Thad Lewis makes $555,000 http://www.spotrac.c...thaddeus-lewis/ Eli Manning makes $20,850,000 http://www.spotrac.c...ts/eli-manning/ Is it fair that a franchise QB should make more than 37x an average player? Average pay of NFL Quarterback | $1,970,982 sorry old data Average pay Quarterbacks: $3,840,017 Edited October 23, 2013 by ....lybob Link to comment Share on other sites More sharing options...
Jauronimo Posted October 23, 2013 Share Posted October 23, 2013 Average pay of NFL Quarterback | $1,970,982 So basically QB pay should be capped at some multiple decided upon by uncle Sam, right? Why is income disparity bad again? Link to comment Share on other sites More sharing options...
Chef Jim Posted October 23, 2013 Share Posted October 23, 2013 Average pay of NFL Quarterback | $1,970,982 sorry old data Average pay Quarterbacks: $3,840,017 So you're saying the average CEO should not be paid more than 7X's the average CEO? Link to comment Share on other sites More sharing options...
DC Tom Posted October 23, 2013 Share Posted October 23, 2013 Average pay of NFL Quarterback | $1,970,982 sorry old data Average pay Quarterbacks: $3,840,017 But what does the average NFL quarterback make? Link to comment Share on other sites More sharing options...
Jauronimo Posted October 23, 2013 Share Posted October 23, 2013 But what does the average NFL quarterback make? One standard deviation more than the quarterbacks performing one standard deviation less than average? Link to comment Share on other sites More sharing options...
Tiberius Posted October 23, 2013 Share Posted October 23, 2013 So basically QB pay should be capped at some multiple decided upon by uncle Sam, right? Why is income disparity bad again? No, basically you are a complete idiot. Income disparity is bad when it gets to the point where people are working their ares off for almost nothing and can't afford to support stronger consumer spending and you have these few people making a hundred times more than they will ever need of government issued currency. I'm sure you can't understand this, or choose to ignore it, but if those workers made more money there would be more jobs. And....I'm sure it would eventually mean those jobs would be lost/replaced to technology, but most jobs probably will in the not too distant future. But that's another story. You are still a complete idiot though Link to comment Share on other sites More sharing options...
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