On 4/16/2015 6:08 PM, Bill wrote:
Lew Hodgett wrote:
The point is that the customer shared the wealth of cost reductions. Lew


Was a change of sentiment required to help achieve 8-digit CEO salaries?
It seems like things may no longer be running in accordance with "the
book" you mentioned.
Internet technology at our fingertips, such as is facilitating our
conversation, might be an exception.

Bill

It is better to be a CEO than to work for one.

http://www.epi.org/publication/ceo-p...inues-to-rise/
From 1978 to 2013, CEO compensation, inflation-adjusted, increased 937
percent, a rise more than double stock market growth and substantially
greater than the painfully slow 10.2 percent growth in a typical
worker’s compensation over the same period.
The CEO-to-worker compensation ratio was 20-to-1 in 1965 and 29.9-to-1
in 1978, grew to 122.6-to-1 in 1995, peaked at 383.4-to-1 in 2000, and
was 295.9-to-1 in 2013, far higher than it was in the 1960s, 1970s,
1980s, or 1990s.