Monday, July 9, 2007

Multi-Million Dollar Compensation - Spice Girls vs the CEO

I never claimed to be able to understand the way things work with respect to political/ideological outrage that takes place within this country.

The Spice Girls $20 Million Reunion Tour

Countless number of public CEOs have been dragged through the coals over their excessive compensation packages. $1 million, $10 million, $25 million, or the $100 million retirement/severance packages have been panned by the general public. All of this is accompanied by the stat that in the past the CEO made 40 times that of the average worker and now it is over 400 times.

Why is it that the entertainment industry is not inspected in the same way? 5 Spice Girls x $20 million is $100 million. This involves practice in getting the dance moves down, traveling to various cities, photo ops and then the actual concert. Not bad for $20 million a pop.

I ain't hating on them....just noticing the selective outrage.

Who creates more jobs between the Spice Girls and the evil CEO?

No comments: