Compare: CEO Salaries, China & U.S.

[JDPriestly]

Burlington Northern Santa Fe Corp. is an American corporation with a market capital figure of $33.37 billion. It has a corporate governance quotient of 92.3% of S&P 500 compaies and 998% of transportation companies. Here is how much its key executives earn:
KEY EXECUTIVES
Pay Exercised
Matthew K. Rose, Chairman, CEO, Pres, Chair Exec. Comm., Chair BNSF Railway, CEO BNSF Railway, Pres BNSF Railway Pay: $ 1.74M Exercised:$ 21.93M
Thomas N. Hund, 54, CFO and Exec. VP Pay: $ 683.00K Exercised: $ 9.25M
Carl R. Ice , 51, COO and Exec. VP Pay: $ 751.00K Exercised: $ 5.32M
John P. Lanigan Jr., 52, Chief Marketing Officer and Exec. VP Pay: $ 723.00K Exercised: $ 1.08M
Mr. Roger Nober , 43 Exec. VP of Law and Sec. Pay: $ 521.00K

http://finance.yahoo.com/q?s=BNI



China Life Ins. Co. is a state-owned Chinese corporation with a market cap of $40.8 billion. It is traded on the NYSE.

Dr. Feng Wan , 50 Acting CEO, Pres, Exec. Director, Member of Risk Management Committee and Member of Strategy Committee Pay: $ 127.00K
Ms. Xia Zhihua , 53, Chairperson of Board of Supervisors Pay; $ 86.00K
Mr. Weimin Wu , 42, Supervisor Pay: $ 111.00K
Mr. Hui Tian , 56 Outside Supervisor Pay not listed
Mr. Qing Ge , 57 Employee Representative Supervisor Pay: $ 61.00K

http://finance.yahoo.com/q/pr?s=LFC

American workers are paid better too, but the differences between the Chinese salaries and the U.S. CEO salaries are astounding. Of course, Chinese entrepreneurs who own their own businesses probably earn much more. And, due to the currency exchange rate, a person can probably live quite well on $61,000 per year in China.

Still, no wonder our industry is not competitive. The dollar has a long way to go -- down before we cann compete in the global markets. And with the dollar goes our standard of living.

[SteinbachMB]

1. Why bother?

Why not use a Western country as a comparison instead of China?

[JDPriestly]

3. True. European companies do not compensate CEOs the way we do.

It is utterly shocking to hear that the State of California has offered over $800,000 per year to the prospective president of the University of California while arguing that it has to cut back on funding for California schools. That is shameful. The job of president of the UCs is just not that difficult. And ordinary faculty will not be compensated anywhere near that amount. It's disgusting.

[KillCapitalism]

2. Let's save some money & outsource some CEO's! n/t

[JDPriestly]

4. Excellent idea.

why don't we just become an agrarian nation, divide all the land up into 40 acre plots and see who survives and who doesn't? That is where we are headed. To serfdom.