From: Jurriaan Bendien (adsl675281@TISCALI.NL)
Date: Tue Oct 31 2006 - 07:50:11 EST
As regards all US corporations with a positive income in 2003, labour costs (deducted from total receipts) are itemised by the IRS as follows (rounded): Compensation of corporate officers $273 billion Salaries and wages $1,481 billion Pension, profit-sharing, stock bonus, and annuity plans $108 billion Employee benefit programs $192 billion http://www.irs.gov/pub/irs-soi/03co07nr.xls Clearly the income of corporate officers is quantitatively quite significant as a fraction of labour costs. Jurriaan
This archive was generated by hypermail 2.1.5 : Thu Nov 02 2006 - 00:00:03 EST