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Originally Posted by MrSelfDestruct
Assuming a 40 hour work week and two weeks vacation you would have to be paid $500 per hour to make $1M per year. Now multiply that by 25, divide by 3600, and you're making $3.47 per second.
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When I worked at the brokerage firm, the ceo didn't come close to working 40 hours a week - they worked more like 60 -70 or more hours a week...
PLUS -- even at a low rate of 10 percent (and that's lowballing - so I can figure out the percentage easily) he would have paid 2.5 million dollars a year in taxes... there are people who won't pay that over their lifetime... Think about that..
I dont care what these people get paid, as far as I am concerned, they are taking the risks, they take the rewards... I object to people getting paid to leave a company (same way I object to welfare and other entitlement programs)