Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Are CEOs 227 times smarter than their average worker?

"Pay for chief executives has risen to 277 times the average workers’ pay, from 20 times in 1965, according to the Economic Policy Institute."

6 Answers

Relevance
  • Anonymous
    8 years ago
    Favorite Answer

    You're missing the point, they aren't required to be

  • Anonymous
    8 years ago

    You are missing the point.

    If a CEO can raise the price of a company's stock he can create a lot more wealth for the shareholders. That may exceed the cost of his compensation.

    It has nothing to do with the actual worth of the person.

    Floyd Mayweather made 85 million last year from two fights. He managed to do that by making a lot more than that for other people.

  • 8 years ago

    Good CEOs who create jobs thru good business management are worth it. But I'm sure liberals will never be happy until everybody takes home the exact same paycheck.

  • 8 years ago

    Greed and ambition are good to a certain point, but lose control of it you eventually become corrupted.

  • How do you think about the answers? You can sign in to vote the answer.
  • 8 years ago

    No, but if I worked hard enough and was a good enough decision maker and leader, I'd like the job.

  • Anonymous
    8 years ago

    Running a corporation is harder then working for one.

Still have questions? Get your answers by asking now.