Titanic Pay for Corporate CEOs Leaves Workers Drowning | The Smirking Chimp

America has 350M people Australia 25M. Yet we pay our Public Service heads X4 times that of America. In what world does that even begin to make any sense?

Pay rates for top executives within the federal government reflect that aversion. The U.S. Department of Health and Human Services has, for instance, over 80,000 employees, and the work these employees do can literally make the difference between life and death for millions of people the world over. Yet the top executive at HHS, Xavier Becerra, last year took home less than $250,000 in compensation.

Within Corporate America’s top executive suites, by contrast, $250,000 wouldn’t even rate as a decent paycheck for a mere week’s worth of labor. Last year’s highest-paid U.S. CEOs pocketed over $250,000 per day.

Source: Titanic Pay for Corporate CEOs Leaves Workers Drowning | The Smirking Chimp