Posted by Brad Gyde on February 25, 2011 at 10:26:51 from (184.247.78.112):
In Reply to: Food for thought posted by IaGary on February 25, 2011 at 08:02:05:
I'll kinda second the post about the executive's salaries.
I'll quickly say I think they make too much (as well as most everyone says.. probably because we're jealous.. but hey..) But I can say, at my job my boss makes more money than I do.. and you know what? GOOD.. I don't have to deal with all the BS he does, and if I had to, you'd have to pay me more, of course, I'm not much of a people person, he is.
Now, the exec's salaries.. ok, so they make a million, give or take.. Since the original example was corn flakes (a Kellogg's product) how many boxes of product do they sell in a average year? They must have a dozen different brands of cereal, as well as all the other things (pop tarts come to mind.. A quick google search shows over 50 BRAND NAMES)..
At a million dollar salary:
100,000,000 boxes of product at 1 cent per box pays his salary..
I can't seem to find anything that shows how many "boxes" were sold, but based on a quarterly earning release (although a couple years old) they announced 332 million dollars in sales for a given quarter. Now I know that can vary from quarter to quarter.. but.. based on $4.25 a box average (some items cheaper, some more expensive I'm sure..) it comes to 78,117,647 boxes that quarter, or if it equaled out all year, it would come out to about 312,470,588 boxes..
I know my mathematics really prove nothing, as they're not really based on much fact, but the point I was trying to prove was that per box, his salary really makes no difference to the everyday consumer.. BUT I STILL AGREE THAT HE MAKES TOO MUCH!!!!
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