A New European Import: Lower CEO Pay

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Heard on the Street: A fight over a CEO’s salary in Britain makes S&P 500 bosses look overpaid

On Monday, Namal Nawana stepped down from Smith & Nephew, a London-listed company with $19 billion in market value that manufactures components for

knee and hip replacements. He resigned after just a year-and-a-half in the job. Analysts covering the stock expect him to look for a higher-paid role in...

 

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“Look” overpaid We’re taking about people who make literally hundreds, sometimes thousands of times what the average worker at their company earns. That’s obscene; no one person contributes enough to justify that kind of inequity

It also makes entertainers and sports figures look grossly overpaid too. Perhaps all money should belong to the government where it can be distributed fairly. If only there were such a system. 🤔

New European Import---Lower CEO pay. 🧐🙄🙋‍♀️

50% labor reps in all US corporate boardrooms should fix that inequality in pay. 50PercentLaborOnBoards EliminateWealthInequality ShareTheWealth

Are you kidding? A look at the W-2s of S&P 500 CEOs will tell you that they’re overpaid. They don’t “look” overpaid. They are overpaid.

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