this post was submitted on 24 Sep 2023
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400x not 400%

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[–] StarManta@lemmy.world 67 points 1 year ago (1 children)

lol 400%?

Try 27,200%. That is the actual ratio on publicly traded companies.

[–] FlexibleToast@lemmy.world 17 points 1 year ago (1 children)

400% is an old number, and it was pretty outrageous even back then.

[–] Grayox@lemmy.ml 6 points 1 year ago (1 children)
[–] jballs@sh.itjust.works 15 points 1 year ago (1 children)

I think you mean to do a multiplication sign instead of a %. The GM CEO made $29,000,000 last year. It would take a GM worker 362 years to make CEO Mary Barra's annual compensation.

Source : https://www.businessinsider.com/uaw-strike-automaker-ceo-pay-focus-of-union-negotiations-2023-9

[–] Grayox@lemmy.ml 10 points 1 year ago (1 children)

Fuck me i suck at math... fuck fuck fuck