Doonesbury by Garry Trudeau for December 02, 2008
December 01, 2008
December 03, 2008
Transcript:
Woman: I'm being fired, aren't I, sir? Duke: We have to cut way back, Jill. Firm's in trouble. Woman: I can't believe it. I built my dreams here - I worked long hours, played by the rules... now I have to crawl back to Chicago with my tail... Duke: Try to suck it up, Jill. We're all hurting here. Woman: I... I know, sir... *sniff!* I'm sorry... Duke: Tell you what - you can take the jet home.
longtimecomicsfan says: Mustang - when the company pays the CEO $14 million a year, that works out to around $54,000 per 8-hour day, or almost $7,000 per hour. Consider if the CEO has to travel. Showing up at the airport 2 hours early to clear security, sitting through a 4-hour flight delay, and taking 2 hours to get out of the airport at the other end leaves the company paying $54,000 for the CEO’s time. It’s probably cheaper to fly the company jet, especially if you’re carrying the 5 or 6 highest paid executives. Of course, all that math depends on the CEO getting $14,000,000 per year to bankrupt a car company… ;)
That must be a lot of the salaries the CEOs earn. I just heard that the news was told that the CEOs had to cut their salaries. I was surprised.