CEO's are paid just like your entertainment friends. This is because they do a job very few of us can do. Also, CEO's (like actors and actresses) are paid on contract. Their contract pay is based on past performances. They have a reputation for turning companies around from great losses or producing more profit of successful companies. And if you don't want to pay them the millions they ask for, no problem, your competition will, and then that very same CEO will put your business under.
But like quarter backs who can't throw for a year or so, a star pitcher that has a terrible ERA the next year, or even the famous actor that acted in a flop movie, these people still get the money they were contracted for. CEO's no different.
You can't blame CEO's for the money you make either. It's the American consumer that's responsible. We won't support a floor sweeper making $22.00 per hour. We will sooner buy our products from Chinese or Indian companies. Every company would like to pay their employees more, but when they pay them more, they have to charge more for their product. When unions force them to pay employes more than their worth, the company faces more competition from overseas companies, and then has to relocate to stay alive. It's either that or join their former employees in the unemployment line.
You liberals don't understand business. You don't want to. Liberals only think of themselves and nobody else. They can never put the shoe on the other foot.
Every company would like to pay their employee more !!!
what planet are you on ?
It's the selfish greedy companies that have contributed to this financial mess we are in and to be honest known of the above candidates are fit to wipe my azz let alone be in charge of the the great state of Ohio. they are like all politicans money and power they don't give a monkeys about the man on the street. they are all crooks who are only interested in fame and feathering their own nest.