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What Do You Think About Executive Perks?
Posted By Miranda Marquit On 07/10/2012 @ 12:13 pm In Personal Finance | 41 Comments
One of the hot-button issues today is the difference between what the “top 1%” get, and what the rest of us end up with. There are few places where the differences are as stark as when it comes to executive pay and perks, and the salary and benefits of “regular” workers.
CEO pay has been on the rise  over the past few decades, growing at a faster pace than worker pay. Indeed, CEO pay is 380 times the average pay of workers , while in 1980 CEOs earned 40 times the average worker’s pay. That rise is one of the reasons that are so unhappy with the current state of things. On top of the pay, many executives also receive huge perks.
Kiplinger  put together a list of 8 executive perks. These include:
These kinds of perks, in the minds of many in the middle class , only add insult to injury. After all, many of these executives make millions of dollars each year (although Steve Jobs had a salary of $1 a year). They have stock options, and access to other types of compensation. Over the top perks only seem to throw into sharper relief the differences. Ordinary workers might receive vacation days and health insurance, but those employment perks  pale in comparison with what top executives are getting.
What do you think? Do executives deserve fabulous perks? Are they really making the kinds of decisions that entitle them to such treatment? Or are these perks over the top?
(Photo: Justortitri )
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 CEO pay has been on the rise: http://www.usatoday.com/money/companies/management/story/CEO-pay-2010/45634384/1
 380 times the average pay of workers: http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm
 Kiplinger: http://www.kiplinger.com/slideshow/ExecutivePerks/1.html
 middle class: http://www.bargaineering.com/articles/middle-class-income-middle-class-family.html
 employment perks: http://www.bargaineering.com/articles/5-so-so-jobs-with-awesome-fringe-benefits.html
 Justortitri: http://www.bargaineering.com/articles/speed-camera-ticket.html
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