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4/24/2013 9:31:34 PM
13
The moral argument of the salary of the average American CEO
Before I even ask the question, I want to make clear that this is relevant to an essay I'm working on, and the question I'm asking is not the same asked for the essay. I will not use anyone's answer verbatim; I'm just asking because I've discussed this here before and want to see the arguments again.
With the above article in mind, discuss the moral implications of the average American CEO making 343x what the average employee makes.
In my opinion, his salary is justified because of the massive improvement to Ford under his watch. It's also important to understand that his base pay is only around 15% of the total, the rest coming from stock dividends (which Ford was finally able to do due to his efforts) and other pay.
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I generally don't care how much a CEO pays himself or how many times more his pay is compared to his employees, per se. But if the employees are being paid bullshit wages and lack benefits while the CEO is paying himself hundreds of times more than the average employee, I'm going to consider him to be an immoral asshole who wants nothing but money.
