HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Does anyone else have a p... » Reply #31

Response to mettamega (Reply #19)

Mon Jan 21, 2013, 03:03 AM

31. The numbers are now what, 9-10 years old?

More importantly are uncertainties in the #s.

The US CEO "total compensation" includes health insurance, retirement, and stock/stock options. These things tend to be expensed as cash, with retirement credited at termination of contract or a percentage expensed each year of the contract. Stock options are priced at estimated value when they're redeemable, but that's a guess. Given the turnover in American CEOs, a lot of retirement benefits are cashed out each year.

Some things--cashing out the retirement benefits--takes away money this year that could go to worker salaries. But it means next year that's not an expense.

Other things like stock options cost the company no money and don't take money away from employee salaries. That's the largest chunk of the CEO compensation.

Other things are listed as CEO compensation--health insurance, for example--but not for employees. We hear that middle class salaries dropped in the '00s. But middle class compensation increased by a fair amount. Both are true.

This all matters when we're calculating the numbers, if we want to know what the numbers mean and not just take away some sort of impression.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 56 replies Author Time Post
Playinghardball Jan 2013 OP
NoOneMan Jan 2013 #1
mettamega Jan 2013 #19
LineLineLineReply The numbers are now what, 9-10 years old?
Igel Jan 2013 #31
HiPointDem Jan 2013 #32
JDPriestly Jan 2013 #52
niyad Jan 2013 #2
LisaLynne Jan 2013 #3
NYC_SKP Jan 2013 #4
sad-cafe Jan 2013 #5
Honeycombe8 Jan 2013 #6
Fire Walk With Me Jan 2013 #7
moondust Jan 2013 #11
SomeGuyInEagan Jan 2013 #47
Curmudgeoness Jan 2013 #49
Brigid Jan 2013 #8
ReRe Jan 2013 #17
abelenkpe Jan 2013 #9
freshwest Jan 2013 #10
SunSeeker Jan 2013 #12
freshwest Jan 2013 #16
SunSeeker Jan 2013 #20
freshwest Jan 2013 #41
ReRe Jan 2013 #23
freshwest Jan 2013 #42
ReRe Jan 2013 #45
davidn3600 Jan 2013 #13
antigop Jan 2013 #22
freshwest Jan 2013 #43
Fire Walk With Me Jan 2013 #14
supertascha Jan 2013 #15
2naSalit Jan 2013 #26
Amonester Jan 2013 #28
tclambert Jan 2013 #18
Fire Walk With Me Jan 2013 #25
Comrade_McKenzie Jan 2013 #33
They_Live Jan 2013 #44
xtraxritical Jan 2013 #55
BlancheSplanchnik Jan 2013 #21
ReRe Jan 2013 #24
2naSalit Jan 2013 #27
datasuspect Jan 2013 #29
mountain grammy Jan 2013 #30
Wednesdays Jan 2013 #34
LibDemAlways Jan 2013 #40
lexw Jan 2013 #35
LibDemAlways Jan 2013 #37
Kablooie Jan 2013 #36
forestpath Jan 2013 #38
stultusporcos Jan 2013 #39
PatrynXX Jan 2013 #46
Auntie Bush Jan 2013 #48
Spitfire of ATJ Jan 2013 #53
indepat Jan 2013 #50
RKP5637 Jan 2013 #51
iandhr Jan 2013 #54
lonestarnot Jan 2013 #56
Please login to view edit histories.