Reply #3: He is paid about $2 per car for comparison [View All]

[on point]

I was struck over the discussions when it was said how much the health care plans cost per car.

But yet no one had ever tried to estimate the overhead caused by excessive salaries for management (and how this hurt their sales!).

So if Ford is selling about 12 million units annual right now, his salary is about $2/ car.

If you figure that the upper echelon with salary and bonus add at least another $100 million to costs, then executives probably add about $10 per car.

By contrast Japanese and Euro CEO make on the order of $100,000 of thousands, not millions in salary. It is clear that the executive suite is a burden on the economy, and combined with wall street 'traders tax' (in right wing econspeak) is keeping us from being competitive.