Striking auto workers want a 40% pay increase–the same rate their CEOs’ pay grew

Re:Striking auto workers want a 40% pay increase–the same ra... by somebodythere on Monday September 18, 2023 @08:12PM (#37564050)

50% of SPY constituents are going to beat SPY. That in itself doesn't imply the CEO is a meaningful factor in company performance.

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Re:Striking auto workers want a 40% pay increase–the same ra... by HDThoreaun on Monday September 18, 2023 @08:33PM (#37564243)

This isn’t true because of the weighting. If apple doubles in value SPY will be up 8% from that alone. It’s easy to see a scenario where one massive company has an incredible year and every other company returns below the average.

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Re:Striking auto workers want a 40% pay increase–the same ra... by vkou on Monday September 18, 2023 @08:57PM (#37564408)

Or, alternatively, one massive company has a bad year, and everyone else comes out smelling like roses.

On average, 50/50 is a pretty decent benchmark here.

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