In 2008, David Steiner made about $6.2 million dollars as CEO of Waste Management.
http://www.thestreet.com/story/10477374/waste-management-ceo-gets-62m-pay-package-for-08.htmlI remember when I was growing up that people used to laugh at being a garbage man when they grew up.
This was invariably followed by "but they work for the city and have a good job and good benefits. It's a good living".
And it was.
I had a friend whose Dad worked for the city "sanitation department". I don't know what his salary was, but they had a nice little 3-bedroom house, drove good dependable cars, and the kids dressed nicely. They always went on vacation during the summer. Her mom worked part-time. They had a nice life.
On a garbage man's salary.
Nice thing was...when he worked for 20 years, he retired and received a pension from the city.
I don't know about you, but I am pretty darn certain that that the boss didn't come close to making $6.2 million a year.
According to these statistics, a garbageman in Texas makes an average salary of $28,800 a year. I would bet that the difference in the 30 years since my friend's Dad picked up garbage isn't that much.
http://www.indeed.com/salary?q1=Garbage+Man&l1=texasPrivatization is a lousy republican idea. Take good paying, decent jobs with benefits from workers and contract to a company whose CEO will make millions and give the workers crappy benefits (if any at all) and lousy pay.
IMHO that is where our country took the first wrong turn.
Because by my calculations at $28,800....one CEO makes as much as 215 employees--and THEY are the ones doing the hard work.
In my America, there is something wrong with that.
Seems like pure garbage to me.