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Reply to "Why are people so upset over CEOs salary?"
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[quote=Anonymous][quote=Anonymous]Let’s say you make 50k a year and your boss makes 100k a year. In 10 years you make 65k a year and he makes 3.5 million dollars a year. That’s what happened to CEO pay in relation to employee wages.[/quote] Blue cross has $30B in revenues and $1.5B in profit. There aren't people lined up down the street who can manage that company and if you think there are then I am wasting my time typing this. You get paid what your investors think you are worth. If those investors felt for one second that the $5M guy could do the same job with no risk to the company they would make that move in a second. $19M is a drop in the bucket against that revenue number. [/quote]
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