njbchbum - your statements are right on target. Fortune 500 companies are not typical of the vast majority of businesses. The salary ratio of CEO:worker inmost businesses with which I am familiar is much lower. And your last paragraph notes the practices that I have seen most often used to establish wages and salaries on a company wide basis.
And while we are on the topic, I wonder what the salary ratio is for big union CEOs compared to average union members?
__________________
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill
|