The AFL-CIO is America’s largest organization of unions, representing more than 11 million unionized workers.
Work rules, overtime wages and the length of a work day are all negotiated.
But a CEO is not unionized
and work days are not defined by the clock.
And so the financial result of being CEO is pretty stunning.
Consider New York State.
The average New York CEO earns over $6.7 million dollars every year.
The guy with the highest pay in our state is a man named
Investment firm GAMCO paid Gabelli ten times that, almost $69 million dollars.
But nationwide he was trumped by two others, and Donald is not one of them.
Elon Musk, the Tesla electric car guy, earned almost $10million more than Gabelli.
And the highest paid CEO nationwide?
Oracle’s Larry Ellison.
The President earns $400,000.
The USA median income is about $51,000.
The South Bronx averages $17,688.00.
and Happy Monday.