But doing a little further reading, I found this information, buried deep in another Times’ article on the matter: the highest-paid 100 chief executives of an employee receiving the median pay at their company. Here’s a website that shows how much 100 of the nation’s top CEOs earn and the CEO pay to median worker pay ratio.
|The highest-paid 100 chief executives of an employee |
receiving the median pay at their company.
“Big companies tend to pay their chief executives big bucks—that much is widely known.
Less familiar: Many of those CEOs wind up receiving much more, often well after the compensation is initially disclosed.
The $190 million that Oracle Gartner the $33.6 million of pay for Eugene Hall swelled to $65.7 million. The $53 million McDonald’s reported paying Stephen Easterbrook grew to about $85 million.
reported paying co-CEO Mark Hurd over three years was valued at $535 million by the end of that period. At consulting firm
… intricate pay structures … can multiply the number of shares and options those awards ultimately provide….
On average, the value of the pay at the end of the period was 16% higher than originally disclosed. Pay rose at three out of five companies. And at a third of companies, pay rose by more than 25%.”
As I grow older and older in the advertising business, every day I feel more and more like a cat on a hot tin roof. Part of that is I have an old-timer's salary. But more is some of us have honed our old-timer's sense of outspoken-ness.
If in agencies fewer than 5% of employees are older than 50, probably fewer than 2% actually speak their mind--actually call bull-shit on the dominant complacency, actually say, 'what does that mean?' or 'that's bland,' or 'that's well-produced but empty,' or 'prove to me that no one reads,' or, the heresy or all heresies, 'what does agile mean and what does it have to do with me?'
The required unanimity of thought, the conformity and compliance that's demanded today has un-done our business as efficiently and surely as the aforementioned rapacious CEOs.
I feel like that elevated feline because if you're old and honest and voluble, you won't last long. That's three strikes.