Re:S&P 500 CEO Pay by Pay Ratio
by chadash on Wednesday June 03, 2020 @07:38PM
(#23410415)
Some of these numbers seem to be off. For example, Harley Davidson has a median pay of $187k? Where is that coming from? They've got 5000 employees... I assure you that 2500 of them aren't making more than $187k.
Meanwhile at the other end of the spectrum is Gap, with a reported median pay of ~$6k. This seems very low. At first I thought that maybe the overwhelming of their employees are oversees working in factories, but then I looked up their SEC filing and they don't manufacture their clothes. I'm assuming they have a bunch of part-time employees, but even then, $6000/year assuming $10/hour means employees are working an average of 11 hours per week, which still seems low.
Meanwhile at the other end of the spectrum is Gap, with a reported median pay of ~$6k. This seems very low. At first I thought that maybe the overwhelming of their employees are oversees working in factories, but then I looked up their SEC filing and they don't manufacture their clothes. I'm assuming they have a bunch of part-time employees, but even then, $6000/year assuming $10/hour means employees are working an average of 11 hours per week, which still seems low.