[ExI] Yet another health care debate

Stathis Papaioannou stathisp at gmail.com
Wed Sep 24 02:56:35 UTC 2008


2008/9/24 Damien Sullivan <phoenix at ugcs.caltech.edu>:
> On Tue, Sep 23, 2008 at 05:42:14PM -0700, Lee Corbin wrote:
>
>> Very interesting. This statistic---of Australian CEO pay for hospitals
>> ---should be consulted when we worry (or rather stockholders worry)
>> about CEO salaries.
>
> AIUI, the standards of Australia (non-US, really) CEO pay are likely to
> still be a lot lower than US or multinational CEO pay.

Yes, it's actually an order of magnitude more than the average wage,
comparable to what the Prime Minister is paid, not two or three orders
of magnitude more, which is what the CEO's the large banks and mining
companies are paid, even in Australia.


-- 
Stathis Papaioannou



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