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Sunday, May 15, 2011

Democurmudgeon: Stop the Job killing CEO raises!

Democurmudgeon: Stop the Job killing CEO raises!

Stop the Job killing CEO raises!

No wonder companies don't have enough to hire new workers. This amazing (again) revelation indicating just how bad things have gotten between the haves and have nots….
jsonline: The pay of Wisconsin's top corporate executives rose an average of 27% in 2010, a year when unemployment hovered around 8% and pay to the average worker in the state fell.
On average, total compensation for chief executive officers at 57 publicly traded companies increased by about $1 million last year, bringing the average CEO's pay up to $3.89 million.
As a group, the 57 companies paid their chief executives more than $237 million combined last