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How Long It Takes the Largest Companies in America to Make One Employee's Average Annual Salary
(lemmy.world)
Found on imgur https://imgur.io/gallery/gqItf8e
this post was submitted on 15 Nov 2023
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Work Reform
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Says right at the top of the chart. The 3 data points are 2022 revenue, revenue per second, and average salary.
My fault for not being able to read teeny tiny gray text on a white background, I guess.
Anyway, comparing revenue to worker compensation isn't really very useful. Payroll comes out of that revenue, as does every other cost of doing business. Compare payroll to profit, or to executive compensation, if you want to make a point. Yeah, worker compensation sucks, but just comparing it to "the biggest number we could find" doesn't mean anything.
Yeah, you’re right, there’s no wealth gap problem, why even bother talking about it?
That's not what they said. They were commenting that comparing payroll to revenue is like comparing apples and oranges. If you make an apples to apples comparison, like between payroll and profits, you can make a more defensible argument that income inequality is a problem which needs to be fixed.