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FedEx CIO Robert Carter Pay Hikes 80%
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<blockquote data-quote="59 Dano" data-source="post: 1015961" data-attributes="member: 23516"><p>There is no "right" proportion and you're looking only at what the average (or lowest, whichever) hourly guy makes. What about the size of the workforce? You can have 2 companies and all the hourlies make $10 an hour at both places. One company employs 2500 workers and the other employs 6000. What if 1 of those companies has revenue that's 3X the other and profits that are 2.9X that of the other? Should the CEO's be paid the same?</p><p></p><p>If the people who would work for these grossly lower pay scales were capable of running big companies, the companies would snatch them up in a New York minute.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 1015961, member: 23516"] There is no "right" proportion and you're looking only at what the average (or lowest, whichever) hourly guy makes. What about the size of the workforce? You can have 2 companies and all the hourlies make $10 an hour at both places. One company employs 2500 workers and the other employs 6000. What if 1 of those companies has revenue that's 3X the other and profits that are 2.9X that of the other? Should the CEO's be paid the same? If the people who would work for these grossly lower pay scales were capable of running big companies, the companies would snatch them up in a New York minute. [/QUOTE]
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