So you think you’re not paid enough…

by Catherine on January 11, 2006

in Uncategorized

A New Way To Be Underpaid
A little article I found on Forbes.com It explains how anyone can feel underpaid. Just depends on who you compare yourself to. And what method you use to calculate your true worth.

Here’s how it goes: General Electric (nyse: GE – news – people ) has about $750 billion in assets. If its CEO was paid like a hedge fund manager–who typically takes at least 1% of the assets and 20% or more of the profits–he would be paid $750 million–oops, it should be $7.5 billion!–just for showing up, plus a bonus if there was any profit. So what is GE chief Jeffrey Immelt doing being paid just $12.6 million