Monday, June 12, 2006

Executive Earnings

Here's something to make Dan Steininger a happy camper:

The 26 top executives at ToyotaMotor Company earn an average of $320,000. Good money, but hardly obscene.Toyota is a growing, profitable concern.


...The heads of America's 500 biggest companies received anaggregate 54% pay raise last year. As a group, their total compensationamounted to $5.1 billion, versus $3.3 billion in fiscal 2003. G. RichardWagoner, Jr, heading up Toyota's rival, General Motors, received totalcompensation of $8.5 million.

(Source: The Daily Reckoning)

Must be the Cost of Living differential, eh?

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