Electronics World articles Popular Electronics articles QST articles Radio & TV News articles Radio-Craft articles Radio-Electronics articles Short Wave Craft articles Wireless World articles Google Search of RF Cafe website Sitemap Electronics Equations Mathematics Equations Equations physics Manufacturers & distributors Engineer Jobs LinkedIn Crosswords Engineering Humor Kirt's Cogitations RF Engineering Quizzes Notable Quotes Calculators Education Engineering Magazine Articles Engineering software RF Cafe Archives RF Cascade Workbook 2018 RF Symbols for Visio - Word Advertising Magazine Sponsor RF Cafe RF Electronics Symbols for Visio RF Electronics Symbols for Office Word RF Electronics Stencils for Visio Sponsor Links Saturday Evening Post NEETS EW Radar Handbook Microwave Museum About RF Cafe Aegis Power Systems Anritsu Alliance Test Equipment Amplifier Solutions Anatech Electronics Axiom Test Equipment Berkeley Nucleonics Centric RF Conduct RF Copper Mountain Technologies Empower RF everything RF Exodus Advanced Communications Innovative Power Products ISOTEC KR Filters PCB Directory Rigol San Francisco Circuits Reactel RF Connector Technology TotalTemp Technologies Triad RF Systems Windfreak Technologies Withwave LadyBug Technologies Wireless Telecom Group Sponsorship Rates RF Cafe Software Resources Vintage Magazines RF Cafe Software RF Cafe Sponsor Links Temwell Werbel Microwave Thank you for visiting RF Cafe!
Werbel Microwave (RF power couplers, dividers)

Median CEO Pay Crossed 7-Figure Mark in 2013

Median CEO Pay Crossed 7-Figure Mark in 2013 - RF CafeCorporate Welfare is alive and well in spite of political campaign promises to end it. According to a new Associated Press story, the median compensation for the CEO of a large publicly traded company crossed over into the 7-figure realm for the first time in 2013, with an average pay package of $10.5 million - an increase of 8.8% from $9.6 million in 2012. Why do I say corporate welfare? Simple, the increase is attributed primarily to a surging stock market, which is almost entirely funded by the Fed printing money (yeah, I know, it's not actually printed) and passing it into the coffers of bankers, investors, and businesses either directly via stimulus programs, quantitative easing, and bailouts, or via social programs, government contracts, hiring incentives for OTWM workers, and a multitude of other manipulations. Our country's top CEO bad-mouths 'the rich' while continually pandering to demands for the status quo. Martha's Vineyard and Oahu vacation homes aren't owned and rented out by cops and firemen. Meanwhile, you and I have our insurance rates multiplied, the cost of food and everyday supplies increase with every trip to the store, and our freedoms and privacy diminish daily. Do I begrudge anyone receiving a super-high salary? Not at all; I never have. What I resent is a government that pretends to be looking out for 'the little guy' while simultaneously stabbing us in the back. Only two classes of people are benefitting these days: those who are already rich and those who vote for a living and receive handouts. We who work for a living are supporting the other two classes.

Among the companies included, the average CEO pay was 257x that of the average employee, up from a mere 181x in 2009.

Who ranked highest in the CEO pay in 2013? Anthony Petrello, at $68.3 million, of oilfield-services company Nabors Industries. "That figures," you might say, but then consider that Les Moonves of CBS broadcasting came in at a close second with $65.6 million. CBS (and other news organizations) has top employees married to top officials in government, so don't think the 'old boy's club' and payola only occurs in the eeeeeevil oil business. There is also quite a bit of dough being paid to deans of universities, heads of charities, 'green' industry titans, and foreign governments (including ones on our official terrorist-supporter list). If you feel a sharp, twisting pain in your back, there is a good reason for it.

Here is an interesting finding in the study: female CEOs had a median pay package worth more than their male counterparts, $11.7 million versus $10.5 million for males. That is due in part to many of the women inheriting the position after their husbands or fathers died.

 

I'm just reporting the very verifiable facts.

 

 

 

 

Posted  , 2014

DC-70 GHz RF Cables - RF Cafe
Temwell Filters - RF Cafe
Rigol DSG5000 Microwave Generator - RF Cafe
Innovative Power Products Passive RF Products - RF Cafe
Boonton

Please Support RF Cafe by purchasing my  ridiculously low−priced products, all of which I created.

These Are Available for Free

 

About RF Cafe

Kirt Blattenberger - RF Cafe Webmaster

Copyright: 1996 - 2024

Webmaster:

    Kirt Blattenberger,

    BSEE - KB3UON

RF Cafe began life in 1996 as "RF Tools" in an AOL screen name web space totaling 2 MB. Its primary purpose was to provide me with ready access to commonly needed formulas and reference material while performing my work as an RF system and circuit design engineer. The World Wide Web (Internet) was largely an unknown entity at the time and bandwidth was a scarce commodity. Dial-up modems blazed along at 14.4 kbps while tying up your telephone line, and a nice lady's voice announced "You've Got Mail" when a new message arrived...

All trademarks, copyrights, patents, and other rights of ownership to images and text used on the RF Cafe website are hereby acknowledged.

My Hobby Website:

AirplanesAndRockets.com