dealfinder500

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

Perhaps a (slight) pay cut is in order for the ordinary worker, but that should not be considered until the management cuts their pay first. Personally, I think 10-20x the average worker's income is more than sufficient for management. As a general rule, I really don't that anyone should get paid more than $1 million a year for being a CEO (with some exceptions, such as if you started the company).

It makes you wonder if these companies would be in this mess now if they had done something like that years ago.