Why do American CEOs make twice as much as German CEOs?

[frigidweirdo]

There has been lots of discussions about worker pay and bringing back good paying jobs. I think this is an article everyone should read:
Why do American CEOs make twice as much as German CEOs?

While our workers wages have been stagnant, our ceo pay has really skyrocketed. This gives some real insight to how Germans make more than US workers:

The researchers also broke out the average CEO-to-worker-pay ratio for 16 countries, using AFL-CIO data. For the U.S., the ratio is 354-to-1. Germany comes in third highest with a ratio of 147-to-1. It’s still a large figure, but should the ratio in the U.S. be more than double that of economic stalwart Germany?

In Germany, labor has a seat at the table

In the U.S., average annual worker pay is $34,645. A German worker receives $40,223 a year on average.

Most important of all, representation on German corporate boards of directors is split between labor and shareholders through an executive board and a non-executive board. This has given workers the ability to raise employee pay along with overseeing CEO salaries.

Whether it’s through minimum wage hikes or acceptance of labor unions, for the U.S. CEO-to-worker pay ratio to decrease, workers will need a seat at the table. This would not only help improve worker pay, it could also provide a much-needed counterpoint during CEO salary discussions.

Most U.S. companies leave workers out of boardroom conversations, so it’s not surprising that executives primarily focus on CEO pay incentives and fail to recognize the necessity to do the same for the rank-and-file.

Without those kinds of conversations during board meetings, American CEO pay will likely continue to skyrocket.

Basically people are out to get whatever they can get out of the system.

 

[Brain357]

Because are Unions suck , are lazy and greedy as fuck and don't know how to negotiate like the German Unions do.


.

Do you think Republicans are FOR unions being able to negotiate more strongly, or do you think Democrats are the ones more agreeable to this outcome?

It's clear republicans have had a war on unions. They said things would be great when unions were gone. Here we are with unions in deep decline and wages are stagnant. Now Repubs blame immigration. What's the next scape goat?

 

[Toddsterpatriot]

Because our economy eclipses that of Germany.

Then why do German workers make so much more than ours?

Then why do German workers make so much more than ours?

Do they? Link?

See the OP. Duh.

The OP had two unsourced numbers.
Gotta source or not?

There is a link with the OP.

The Fortune article has two unsourced numbers.
There is no link in the article.

 

[Toddsterpatriot]

Because are Unions suck , are lazy and greedy as fuck and don't know how to negotiate like the German Unions do.


.

Do you think Republicans are FOR unions being able to negotiate more strongly, or do you think Democrats are the ones more agreeable to this outcome?

It's clear republicans have had a war on unions. They said things would be great when unions were gone. Here we are with unions in deep decline and wages are stagnant. Now Repubs blame immigration. What's the next scape goat?

It's clear republicans have had a war on unions.

Only because unions suck.

 

[Brain357]

Then why do German workers make so much more than ours?

Then why do German workers make so much more than ours?

Do they? Link?

See the OP. Duh.

The OP had two unsourced numbers.
Gotta source or not?

There is a link with the OP.

The Fortune article has two unsourced numbers.
There is no link in the article.

If you have reason to believe it isn't accurate then please share the link.

 

[Stormy Daniels]

Because our economy eclipses that of Germany.

Then why do German workers make so much more than ours?

Uuuumm... did you happen to catch the OP? It says German CEO's don't make as much as their American counterparts.

Reading is fundamental.

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

So, the only thing you read was the title. And you jumped in to respond to questions while completely ignoring what was actually in the OP. You are quite right, reading is fundamental.

 

[DOTR]

Because people are willing to pay them twice as much.

Just winner this guy and move on.

 

[Toddsterpatriot]

Then why do German workers make so much more than ours?

Do they? Link?

See the OP. Duh.

The OP had two unsourced numbers.
Gotta source or not?

There is a link with the OP.

The Fortune article has two unsourced numbers.
There is no link in the article.

If you have reason to believe it isn't accurate than please share the link.

How the U.S. and European Middle Classes Compare - CityLab

List of countries by average wage - Wikipedia

Median income - Wikipedia

 

[MarcATL]

The CEO to average worker disparity is hurting companies and the economy.

The Warren Buffett belief is CEO's should make $100k a year and be remunerated on the stock price, increased profits and value of the business as a whole etc. He is so tight on this that for a man who understand business and the market possibly better than anyone, he is rarely invited to sit on Boards anymore.

I would like to see more shareholders launch lawsuits against massive, unrewarded pay increases and Board Members and Executives see prison time for abuse of fiduciary duty where applicable.

I don't care if a CEO makes $100M a year, but he better bloody well earn it. Far too many get a skewed salary based on a blank check. There needs to be justification!

We're in complete agreement here.

 

[Thinker101]

There has been lots of discussions about worker pay and bringing back good paying jobs. I think this is an article everyone should read:
Why do American CEOs make twice as much as German CEOs?

While our workers wages have been stagnant, our ceo pay has really skyrocketed. This gives some real insight to how Germans make more than US workers:

The researchers also broke out the average CEO-to-worker-pay ratio for 16 countries, using AFL-CIO data. For the U.S., the ratio is 354-to-1. Germany comes in third highest with a ratio of 147-to-1. It’s still a large figure, but should the ratio in the U.S. be more than double that of economic stalwart Germany?

In Germany, labor has a seat at the table

In the U.S., average annual worker pay is $34,645. A German worker receives $40,223 a year on average.

Most important of all, representation on German corporate boards of directors is split between labor and shareholders through an executive board and a non-executive board. This has given workers the ability to raise employee pay along with overseeing CEO salaries.

Whether it’s through minimum wage hikes or acceptance of labor unions, for the U.S. CEO-to-worker pay ratio to decrease, workers will need a seat at the table. This would not only help improve worker pay, it could also provide a much-needed counterpoint during CEO salary discussions.

Most U.S. companies leave workers out of boardroom conversations, so it’s not surprising that executives primarily focus on CEO pay incentives and fail to recognize the necessity to do the same for the rank-and-file.

Without those kinds of conversations during board meetings, American CEO pay will likely continue to skyrocket.

Hmmm....because they're not in Germany? Dumbass.

 

[shockedcanadian]

See the OP. Duh.

The OP had two unsourced numbers.
Gotta source or not?

There is a link with the OP.

The Fortune article has two unsourced numbers.
There is no link in the article.

If you have reason to believe it isn't accurate than please share the link.

View attachment 215449

View attachment 215451

How the U.S. and European Middle Classes Compare - CityLab

View attachment 215452

List of countries by average wage - Wikipedia

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View attachment 215454

Median income - Wikipedia

As far as I am concerned you should add at least $20k per U.S citizen because of your Centuries old Constitution.

In all things that require balance, this is a massive benefit that no other nation has, the envy of the world. It means, you are free to succeed or fail on your own merits, and nobody can interfere in your Pursuit of Happiness.

It has as much value as anything on this earth. Priceless really.

 

[MarcATL]

I bet you $20 he just purchased the super duper shovel to finish the job.

I'm sorry, but this was funny AF!!!

 

[Asclepias]

The capitalistic system requires that there are some haves and have nots. The desire of the have nots coupled with the illusion that everyone can be a have if they just work hard enough is what drives the engine. Someone said they make that much because someone pays them This correct. If you can make me a millionaire with your skill set I will pay you thousands to do so. If all you do is put the bottle cap on the bottle then I'm not going to pay you as much as I pay the guy that is making me a millionaire. Thats the reason the towel boy doesnt make as much as the NBA player. The pool of towel boys is exponentially larger than the pool of individuals with the skill set to play in the NBA.

 

[007]

Uuuumm... did you happen to catch the OP? It says German CEO's don't make as much as their American counterparts.

Reading is fundamental.

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

Obviously, you are just a headline/title reader and don't bother reading the actual articles. If you would have done that, then you would have seen where it stated that German workers make more than their American counterparts.

Obviously you're ignoring the title to make some dumb ass point that has nothing to do with anything I said.

Obviously youre ignoring the content of the OP to make some simpleton like point that only you seem to have discovered.

Obviously you're acting like just another Soros paid democrat whiny little cry baby leftist demonstrater bitch.

People like you are why our great President was elected. Keep it up, ass clown...

 

[Rustic]

There has been lots of discussions about worker pay and bringing back good paying jobs. I think this is an article everyone should read:
Why do American CEOs make twice as much as German CEOs?

While our workers wages have been stagnant, our ceo pay has really skyrocketed. This gives some real insight to how Germans make more than US workers:

The researchers also broke out the average CEO-to-worker-pay ratio for 16 countries, using AFL-CIO data. For the U.S., the ratio is 354-to-1. Germany comes in third highest with a ratio of 147-to-1. It’s still a large figure, but should the ratio in the U.S. be more than double that of economic stalwart Germany?

In Germany, labor has a seat at the table

In the U.S., average annual worker pay is $34,645. A German worker receives $40,223 a year on average.

Most important of all, representation on German corporate boards of directors is split between labor and shareholders through an executive board and a non-executive board. This has given workers the ability to raise employee pay along with overseeing CEO salaries.

Whether it’s through minimum wage hikes or acceptance of labor unions, for the U.S. CEO-to-worker pay ratio to decrease, workers will need a seat at the table. This would not only help improve worker pay, it could also provide a much-needed counterpoint during CEO salary discussions.

Most U.S. companies leave workers out of boardroom conversations, so it’s not surprising that executives primarily focus on CEO pay incentives and fail to recognize the necessity to do the same for the rank-and-file.

Without those kinds of conversations during board meetings, American CEO pay will likely continue to skyrocket.

 

[007]

Because our economy eclipses that of Germany.

Then why do German workers make so much more than ours?

Uuuumm... did you happen to catch the OP? It says German CEO's don't make as much as their American counterparts.

Reading is fundamental.

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

So, the only thing you read was the title. And you jumped in to respond to questions while completely ignoring what was actually in the OP. You are quite right, reading is fundamental.

Yes, idiot, my first comment was that America's economy eclipsed Germany's... but you must have skipped reading that.

You must have selective reading disorder as well as the rest of the twat democrat retards here.

 

[XponentialChaos]

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

Obviously, you are just a headline/title reader and don't bother reading the actual articles. If you would have done that, then you would have seen where it stated that German workers make more than their American counterparts.

Obviously you're ignoring the title to make some dumb ass point that has nothing to do with anything I said.

Obviously youre ignoring the content of the OP to make some simpleton like point that only you seem to have discovered.

Obviously you're acting like just another Soros paid democrat whiny little cry baby leftist demonstrater bitch.

People like you are why our great President was elected. Keep it up, ass clown...

 

[Stormy Daniels]

Then why do German workers make so much more than ours?

Uuuumm... did you happen to catch the OP? It says German CEO's don't make as much as their American counterparts.

Reading is fundamental.

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

So, the only thing you read was the title. And you jumped in to respond to questions while completely ignoring what was actually in the OP. You are quite right, reading is fundamental.

Yes, idiot, my first comment was that America's economy eclipsed Germany's... but you must have skipped reading that.

You must have selective reading disorder as well as the rest of the twat democrat retards here.

 

[007]

Uuuumm... did you happen to catch the OP? It says German CEO's don't make as much as their American counterparts.

Reading is fundamental.

Yes, reading is fundamental, and if you would have read the article, you would have read where it stated that German workers make more than American workers.

OP title says CEO's. You miss that or what?

So, the only thing you read was the title. And you jumped in to respond to questions while completely ignoring what was actually in the OP. You are quite right, reading is fundamental.

Yes, idiot, my first comment was that America's economy eclipsed Germany's... but you must have skipped reading that.

You must have selective reading disorder as well as the rest of the twat democrat retards here.

 

[Asclepias]

OP title says CEO's. You miss that or what?

Obviously, you are just a headline/title reader and don't bother reading the actual articles. If you would have done that, then you would have seen where it stated that German workers make more than their American counterparts.

Obviously you're ignoring the title to make some dumb ass point that has nothing to do with anything I said.

Obviously youre ignoring the content of the OP to make some simpleton like point that only you seem to have discovered.

Obviously you're acting like just another Soros paid democrat whiny little cry baby leftist demonstrater bitch.

People like you are why our great President was elected. Keep it up, ass clown...

Told yall the idiot was going to double down.