Tom, divid that 600K bonus buy the total number of hours worked by hourly workers for a year and you will find it wouldn't be much of a pay raise. When a BIL was working at Wal Mart he complained about pay saying much the same thing as you are when Wal Marts CEO total pay for the year was around 12 million. If the CEO had dumped 1/2 of that into pay raises for employees it would have worked out to less than 4 cents an hour for the year. Had it been paid as a one time bonus to the workers it worked out to about 75 dollars. Sure 6 million sounds like a lot but when divided by many really isn't.
Look at it this way. If a company has 100 full time hourly workers working about 2030 hours a year with holidays off and they give each employee a dollar an hour raise......100X2030X1=203,000 dollars. So for a small company that's a lot of money. Make that 1,000 or 10,000 or in really large companies like Wal Mart (last I knew Wal Mart had over 200,000) over 100,000 employees.
One of the reasons CEO's get what they do is if they are in charge when the company takes a nose dive they may not be able to find another job except maybe managing a burger joint. No I feel that if they make bad decisions that ruin a company they should be out of work and suffer for it. But they demand the pay and for some reason they get it. To be honest if I was offered a position as a CEO, knowing that if I blew it I couldn't find a job I'd demand big pay too.
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