I don't think assembly working was "the lowes-paid"

Post #42,239 by Arkadiy 6/13/02 2:35:50 PM Reply	I don't think assembly working was "the lowes-paid" I'd look at farm hands for lower salary. Nowadays they compare lowest legal salary with the top one, I guess. Back then - no legal minimum, no unemployment insurance either. So the comparison is somewhat unfair.
Post #42,244 by drewk 6/13/02 2:45:32 PM Reply	That would make it even worse Back then - no legal minimum, no unemployment insurance either. So you would expect the lowest paid to have been even lower back then. And I wish I could find the studies to see what the number were actually based on. But even if we're comparing CEOs of industry to farm workers, let's say the lowest-paid assembly line workers are making $15/hour. Farm workers would have to be making $1.50/hour for that to account for the whole difference in the ratio. === Microsoft offers them the one thing most business people will pay any price for - the ability to say "we had no choice - everyone's doing it that way." -- [link\|http://z.iwethey.org/forums/render/content/show?contentid=38978\|Andrew Grygus]
Post #42,252 by JayMehaffey 6/13/02 3:33:12 PM Reply	Still is Farm hands are still among the lowest paid jobs around. Many types are not covered by mininum wage laws. If you take these people into account, the difference between mininum and maximum wages is even higher. Jay
Post #42,255 by drewk 6/13/02 4:08:17 PM Reply	Found some numbers From [link\|http://www.ufenet.org/press/archive/Pre_1999/exec_excess_98.html\|here]: To get a good picture of the incredible expanding CEO-worker wage gap, imagine the Washington Monument. CEOs made 326 times the pay of factory workers in 1997 according to Business Week, a big jump from 1996, when they made 209 times as much. If the real 555-foot Washington Monument reflects the average 1997 CEO paycheck, then a scaled-down replica representing average worker pay would be only 21 inches tall. It's shrinking fast. In 1996, it was 32 inches tall. In 1970, the Workers' Washington Monument was 13 feet, six inches tall -- reflecting a CEO-worker wage ratio of 41 to one. I don't like thier example. But basically: 1970 -- 41-1 1996 -- 209-1 1997 -- 326-1 And that is comparing them to factory workers, not farm labor. Another set of [link\|http://www.nwlaborpress.org/0502.html\|numbers]. === Microsoft offers them the one thing most business people will pay any price for - the ability to say "we had no choice - everyone's doing it that way." -- [link\|http://z.iwethey.org/forums/render/content/show?contentid=38978\|Andrew Grygus]

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