3/27/2005

A fool and his money are lucky enough to get together in the first place

Filed under: Culture, Economics — Tim @ 4:37 pm

braun german tan

Do CEOs Deserve Their Salaries?
But if one takes into account just how much the top 50 companies earn, it puts matters into perspective. How well did the Fortune 50 do? Well, on average, they generated $4.58 billion in profits from $64.2 billion in revenue — not too shabby. That means that, on average, a top 50 CEO made 0.016% of the revenue his company generated, or 0.23% of their profits. That’s not too much, now is it?

All emotional arguments aside, I thought this was an interesting article from - of all sources - AskMen.com (just like you read Playboy for the articles…).

Via Order From Chaos.