Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Have you spent any time doing statistics? I enjoy picking on you but I'm actually shocked you don't know the difference between median and arithmetic mean. That is like 5th grade math.
To calculate the median salary of a firm on your own, you'd have to have a full list of every individual's salary included in the 10-K.
If you could calculate the median by looking at the 10-K, this legislation wouldn't be necessary.
...obviously you haven't ever read a 10k from front to back. You won't get an exact number, but you can get pretty damn close. All you have shown me is that you are good at spending 10 seconds googling an answer and have never actually spent a few hours dissecting financial reports. Here is a hint, start with accrued expenses regarding wages, tie that into the number of employees as well as the amount given in employee stock plans. Once you have run those numbers get back to me and we can actually have an intelligent conversation.
Thanks for the backhanded insults though. I guess when you have nothing substantial to add to a conversation, lowering yourself to personal insults is where you turn.
Additionally, I really hope you know that the majority of a CEO's compensation comes from non-wage earnings (stock options, etc.) which is public knowledge to all shareholders. All you have to do is ask.
This should do wonders to help eliminate low pay jobs in order to close the income disparity between ceo's and labor.
More layoffs, more automation etc. welcome to the world of unintended consequenses brought to you by our fedguv
Business pays and charges what the market will bear. Competition drives the market.
No problem with CEO pay except when they give a 23 muillion $ bonus when the company reputation is damaged by their carelessness.
Ever hear of market data? Used to determine salaries across an industry. Data from all companies are used as a reference for salary adjustments. There is enough for everybody ...if they have a job.
Solution is to get the economy going.
If you aren't working you make less.
Obama has destroyed a faltering economy in an effort to get the trojan horse obamacare in place as a foundation for a socialist ideology. The job market and the economy will explode if the foggy cloud of Obama and his regulators would go away.
now admit that you don't know the difference between median and average.
Thanks again for yet another backhanded insult. You seem to be fairly good at those. You obviously don't have much experience with financial statements given what you have said in this forum. As I said before, analyze the accrued expenses regarding wages, tie that into the number of employees as well as the amount given in employee stock plans and you can come up with a decent approximation of median salaries. Convenient how you ignore the parts of my posts where I ask you to address specifics of financial statements (and demonstrate any actual knowledge) while resorting to insults...
Business pays and charges what the market will bear. Competition drives the market.
No problem with CEO pay except when they give a 23 muillion $ bonus when the company reputation is damaged by their carelessness.
Ever hear of market data? Used to determine salaries across an industry. Data from all companies are used as a reference for salary adjustments. There is enough for everybody ...if they have a job.
Solution is to get the economy going.
If you aren't working you make less.
Obama has destroyed a faltering economy in an effort to get the trojan horse obamacare in place as a foundation for a socialist ideology. The job market and the economy will explode if the foggy cloud of Obama and his regulators would go away.
You really are naive if you believe this. Market data? Yes, CEOs cite enormous pay of other CEOs to demand an even more outrageous pay package. Do you know who is responsible for setting CEO pay? Text book answer is "The board of directors". Yes, the same board made up of mostly former or current CEOs. If fry cooks at McDonalds were allowed to set the pay for the fry cooks at Burger King, and vise-verse, with virtually no veto power from management, what do you think the average fry cook's salary would be?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
