Project Management Today


April 30, 2006

Here’s the Problem with America Business

Filed under: Projects — Administrator @ 4:43 pm

I was going around the web looking for interesting tidbits and found this pile of junk. Have a read!
Chief executive officers at 367 top U.S. corporations were paid, on
average, $431 last year for every $1 paid to their companies’ average
production worker, according to publicly available information jointly
compiled in September by Institute for Policy Studies and United for a
Fair Economy. In 1990, the ratio was about $100-to-$1. (If the federal
minimum wage had increased since 1990 by the same rate as the multiple
for CEOs’ pay, it would have risen from $5.15 an hour to $23.03, but, of
course, it’s still $5.15.) [New York Times, 9-4-05]

Now is it any wonder the country is going to heck in a bicycle basket?

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