A better comparison is to compare the value they add. Are you paid 10% of the value you add doing your job? It's harder to measure that way. Also they failed to mention that CEOs used to make only 50x in the 1980s meaning they are taking an increasing amount that has substantially risen.
@@jumbome7420As of September 2024, 21% of the Canadian workforce works for the government. This includes employees in the federal, provincial, and local governments, as well as government agencies, crown corporations, and government-funded establishments.
The executives of a corporation take a lion‘s share of the salary pool, leaving the bits and pieces for the rank and file to fight over. Banks are almost the worst. The front line staff get measly pays while executives take home hundreds of thousands of dollars in pay and bonus.
@@JamesBiggar "Textbook" capitalism at work. However the world is not textbook. Companies lock out any competition, try starting your own chartered bank. And it's not because of investment capitol. Lets take a simple example, the IV stand at the hospital costs around 10K. It's a steel pole with wheels...try making these yourself and selling them to the hospital for half price and see if they bite. This is were the competition aspect has failed.
Peter Drucker argued that the pay ratio between CEOs and the lowest-paid employees should not exceed 20-to-1 to avoid resentment and morale issues within companies
To everyone who says this is perfectly okay because “the CEO is more hard-working than the average worker”… I don’t personally think this is true 100% of the time, since I believe that even though the company wouldn’t exist without the CEO, it also wouldn’t be where it is now without it’s workers. But when it is true, do y’all seriously think the top CEO works *246* times harder than the average worker? Not the lowest wage worker; the average worker. Why do y’all choose to glaze over the CEO even though you’ll never be like them and they will most likely never care about you? How much do you guys make?
What's that 10m+ a year? Sickening, took me a while to get where I am, between double and triple the average wage, this is comfortable, 250 timse though? Disgusting
Ceo manage the companies and negotiate their own pay. They make great decisions like ship production to Overseas companies and displace Canadian workers .Seems like hard work to me .
These CEOs need to work in canada, deal with this liberal government, unions and loose half thier pay to taxes. If they can keep a buisness running in canada, pay them lots.
I think CEO jobs are over paid and they do very little work at all. I think theyre jobs need to be cut and companies can save more money than masa layoffs
It would be nice if a liberal could look up information. Like typing into a search ceo to average worker pay gap by year graph under images. They could see a picture of how wide that gap became over the last 10 years. Of course they won't understand but could at least look at the pictures😅😅😅😅😅.
When the host asked the question about women CEOs, I rolled my eyes and thought, was that a mandated DEI question by the liberal government? This is where we are, asking irrelevant questions There are tons of small businesses that women run throughout the country that might go under based on the current policies implemented by the Liberals. Maybe you should have a segment about that
LOL, how incompetent do they think we are? CEO's have ALWAYS been paid substantially more than anyone else since forever. The problem is, and they said it themselves... "Stock option bonus"... Investors are running the company, not the CEO. Their pay structure forces them to make drastic cuts. If they won't do it stock holders with find someone who will.
Always will be a pay gap. You'll get farther in life by focusing on overcoming your challenges instead of worrying about what others do with $ that isn't and never will be yours.
Okay. Don't care. A CEO's money is not my money. My money is getting taxed three times, and its worth is diminishing by the day. So is the CEO's money. So is my neighbors. Fix Canada.
Funny how the price of everything goes up due to inflation, EXCEPT wages.
What are you some kind of fool that thinks you work for money? This is capitalism you work for the opportunity to keep your job.
Ceo pay went up
A better comparison is to compare the value they add. Are you paid 10% of the value you add doing your job? It's harder to measure that way. Also they failed to mention that CEOs used to make only 50x in the 1980s meaning they are taking an increasing amount that has substantially risen.
Why else would you pay your workers so little if you weren't going to collect outrageous amounts as an outcome.?
Meanwhile...1 in 4 or 25% of Canada's workforce now has a government job.
It's 1 in 5 (20.3%) but it's still very high indeed
Your numbers are incorrect. It’s 20% or less.
What's that got to do with excess CEO pay?
@@zachweyrauch2988what’s the maximum amount of money someone should be allowed to net each year?
@@jumbome7420As of September 2024, 21% of the Canadian workforce works for the government. This includes employees in the federal, provincial, and local governments, as well as government agencies, crown corporations, and government-funded establishments.
The executives of a corporation take a lion‘s share of the salary pool, leaving the bits and pieces for the rank and file to fight over. Banks are almost the worst. The front line staff get measly pays while executives take home hundreds of thousands of dollars in pay and bonus.
Then don't apply there. Start your own bank.
@ You do not have a sense of fairness. Most suitable for living in a jungle.
@@JamesBiggar If only it were that simple… why doesn’t everyone just do that then?
Oh wait. It’s not that simple.
@@JamesBiggar "Textbook" capitalism at work. However the world is not textbook. Companies lock out any competition, try starting your own chartered bank. And it's not because of investment capitol. Lets take a simple example, the IV stand at the hospital costs around 10K. It's a steel pole with wheels...try making these yourself and selling them to the hospital for half price and see if they bite. This is were the competition aspect has failed.
@ChromatiXWasTaken Anybody can start a corporation and make a product. It is that simple.
Eat the rich
Wow what a great discovery, what would we do without these great economists and journalists !
Peter Drucker argued that the pay ratio between CEOs and the lowest-paid employees should not exceed 20-to-1 to avoid resentment and morale issues within companies
When theres morale issues, they can just lay everyone off and hire someone from overseas who has no idea what’s going on
To everyone who says this is perfectly okay because “the CEO is more hard-working than the average worker”…
I don’t personally think this is true 100% of the time, since I believe that even though the company wouldn’t exist without the CEO, it also wouldn’t be where it is now without it’s workers. But when it is true, do y’all seriously think the top CEO works *246* times harder than the average worker? Not the lowest wage worker; the average worker. Why do y’all choose to glaze over the CEO even though you’ll never be like them and they will most likely never care about you? How much do you guys make?
So become a CEO, make a fortune and donate it to the workers. Oh wait, you can't do anything except take handouts from the Liberals.
Managers increase revenues by invcreasing prices of food and they get bonuses.
Truly disgusting.
What's that 10m+ a year? Sickening, took me a while to get where I am, between double and triple the average wage, this is comfortable, 250 timse though? Disgusting
Disgusting greed
Trough dwellers.
Nope that’s not
@@jumbome7420paid troll offered below min wage to bootlick😂
@@XetaXones that makes no sense
Top CEO in Hong Long earns 246,000 x than average workers.
Obscenity!
Ceo manage the companies and negotiate their own pay.
They make great decisions like
ship production to Overseas companies and displace Canadian workers .Seems like hard work to me .
Great Scott!!!!😱😱
Poilievre has promised a government of, for and by millionaires.
He’s the one who tried to introduce ‘right to work’ legislation in order to weaken unions
Nope he hasn’t lol liberal harder
@@johnarbenz56nope that’s incorrect
@@jumbome7420 sure just because you say so Vlad
Why has the net worth of Justin, many of his ministers, and his friends increased so much since 2015? 🫠
how is this even a news?
no one is shocked.
Inflation is a tax.
These CEOs need to work in canada, deal with this liberal government, unions and loose half thier pay to taxes. If they can keep a buisness running in canada, pay them lots.
BIL makes $28,000 a week!!🤣🤣.
Why? Cause they can get away with it.
I think CEO jobs are over paid and they do very little work at all. I think theyre jobs need to be cut and companies can save more money than masa layoffs
That's like saying bus tickets would be cheaper if we fires all the city bus drivers.
And under Poillievre we can get that number to 500.
Why does Justin work so closely with Bronfmans? 🙃
It would be nice if a liberal could look up information. Like typing into a search ceo to average worker pay gap by year graph under images. They could see a picture of how wide that gap became over the last 10 years. Of course they won't understand but could at least look at the pictures😅😅😅😅😅.
@@grandmufftwerkin9037i wonder if Elon Musk will buy Pp like he bought the phoney Drumpf?
@XetaXones
Beep Boop.
Mangione
Another little mindless troll threatening violence. Clean your room and get a job.
Who cares
When the host asked the question about women CEOs, I rolled my eyes and thought, was that a mandated DEI question by the liberal government? This is where we are, asking irrelevant questions
There are tons of small businesses that women run throughout the country that might go under based on the current policies implemented by the Liberals. Maybe you should have a segment about that
I think it's just the feminist mandatory question. However inaccurate it may be. It's you who will tar it with the sideshow liberal taint. 😳😆
👁🥔👁
Stop whining. The ceo doesn't sleep and sacrifices eberything.
At the country club lmao
LOL, how incompetent do they think we are? CEO's have ALWAYS been paid substantially more than anyone else since forever. The problem is, and they said it themselves... "Stock option bonus"... Investors are running the company, not the CEO. Their pay structure forces them to make drastic cuts. If they won't do it stock holders with find someone who will.
انا اختك من فلسطين وهاذا القناة مصدر رزقنا انا واخوني الايتام لاكن ينقصني الكثير من المش تركين………>^¢>€^>€>>^€>^€^>
Always will be a pay gap. You'll get farther in life by focusing on overcoming your challenges instead of worrying about what others do with $ that isn't and never will be yours.
Okay. Don't care. A CEO's money is not my money. My money is getting taxed three times, and its worth is diminishing by the day. So is the CEO's money. So is my neighbors. Fix Canada.