Recent comments in /f/dataisbeautiful
bigloser42 t1_j5ppcte wrote
Reply to comment by Fausterion18 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
You’d still get base pay, just not bonuses. And if nobody gets bonuses when the company is failing then you can’t just jump ship to somewhere else, you actually need to be competent at your job and turn it around.
DFHartzell t1_j5ppbl9 wrote
Reply to CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
It’s OK because I was a teacher for 17 years and never got a raise.
SyriseUnseen t1_j5pn9ri wrote
Reply to comment by FlimsyHuckleberry in [OC] How I spent every minute of my PhD by FlimsyHuckleberry
>And not that long. Maybe 30 seconds after I spent a period working on one thing.
Thats really long. It probably added up to multiple days of work (unless you were only doing 2 different things a day, which I doubt.
850 days with 5 periods would be just under 36 hours, which is close to a week of regular work.
Kenilwort t1_j5pn7ow wrote
Reply to comment by ShootingPains in Housing and overall inflation in Russia since 2000, accumulated, % (2000 = 100%) [OC] by Populationdemography
That doesn't negate what I said. Russia could still grow, while still being limited by these sanctions in terms of the methods in which they can grow.
SyriseUnseen t1_j5pmqi0 wrote
Reply to comment by WHAT_DID_YOU_DO in [OC] How I spent every minute of my PhD by FlimsyHuckleberry
>and makes the process takes about 5-6 years in the US
Same for Germany (or at least in German linguistics).
IkeRoberts t1_j5pmg8t wrote
Reply to Beautiful data, graphics, and analysis on the ever-increasing size of the American pickup truck. by cptspinach85
It is a good set of data. But in terms of #dataviz, it has too much unnecessary animation for me, gets in the way of looking at the images. More to impress web designers than to help visualize the data.
FuzzyBucks t1_j5plss6 wrote
Reply to comment by [deleted] in Beautiful data, graphics, and analysis on the ever-increasing size of the American pickup truck. by cptspinach85
Gotcha - I think you're not the sort of person driving this trend in the pickup market then haha. my most spendy car purchase was a new Mazda 3 that I still drive a decade later and plan to drive for a few more years, so I'm not responsible for the trend either.
you are using pickups in a way that makes more sense to me, though i.e. as a tool that does a job.
I can see owning a pickup truck in that scenario, though to me it would be a 'necessary evil' or last resort because my preference would be to continue having a smaller/cheaper car if I can somehow avoid having to buy a pickup truck.
​
>We worked out the math for this, and with the added hassle of renting, and very minimal price differences, it didn’t seem worth it for us personally.
^I'm lucky in this regard because the closest car/truck rentals are about as close to me as the closest grocery stores(~1 mile down a collector road) so it's not a big inconvenience.
banelord t1_j5pliok wrote
Reply to CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
So you're saying executives decide what raises executives should get, and executives decide what raises typical workers should get, and they unaccountably decide to give all the money to the executives? Go figure.
MattieShoes t1_j5pl9bh wrote
Reply to comment by sillychillly in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
> 350 largest publicly owned U.S. firms
Also significant... Lots of CEOs make very modest amounts -- they're just not CEO of the 350 largest publicly owned US firms.
ShootingPains t1_j5pl256 wrote
Reply to comment by Kenilwort in Housing and overall inflation in Russia since 2000, accumulated, % (2000 = 100%) [OC] by Populationdemography
People keep saying that, but I I don’t think it’s obvious at all.
Keep in mind we’re not talking about some two bit South American country reliant on imports - we’re talking about a country with excellent STEM educational infrastructure, an enormous manufacturing base and a rock solid services sector that isn’t constrained by a lack of FDI.
In fact, there’s a case to be made that western sanctions are a medium and long term benefit to Russia because they’ve given local manufacturers a chance to occupy the ecological niches left by the dominant (and default) western brands. Not only that, Russian businesses get to take over local factories sold for cents on the dollar by the retreating western brands, and the surplus generated by their output is now staying in Russia rather than being repatriated westward. Then there’s China for everything else.
There’s a scary unspoken doubt lurking in the back of every economic policy maker in the west: what if it turns out that the western system is no longer essential to the world? How does that change global economic behaviour??
Fausterion18 t1_j5pl09b wrote
Reply to comment by boblywobly11 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
German and Japanese CEOs make similar amount of cash salary and bonuses as Americans, they just don't benefit from the American bull stock market that causes equity based compensation to balloon.
Also, they receive a lot of perks to make up for it.
Fausterion18 t1_j5pjubf wrote
Reply to comment by burnshimself in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
This is EPI, manipulating data to generate public outrage is all they do.
Fausterion18 t1_j5pjka5 wrote
Reply to comment by sillychillly in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Picking the 350 largest companies which have grown immensely due to globalization is the exact kind of misleading analysis I expected from EPI.
How about a simple exercise of CEO compensation per employee? As in take the CEO's TC and divide it among the total number of employees. I bet you that number has gone down, not up.
Fausterion18 t1_j5pj6vc wrote
Reply to comment by bigloser42 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
This is how you end up with a company in a death spiral because no one wants to work for nothing.
[deleted] t1_j5piyvi wrote
Reply to comment by FuzzyBucks in Beautiful data, graphics, and analysis on the ever-increasing size of the American pickup truck. by cptspinach85
[deleted]
Fausterion18 t1_j5pirmj wrote
Reply to comment by scotchdouble in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
I'll take "things that didn't happen for $400".
Salary cuts almost never happen like this, layoffs are preferred.
FuzzyBucks t1_j5phwu2 wrote
Reply to comment by [deleted] in Beautiful data, graphics, and analysis on the ever-increasing size of the American pickup truck. by cptspinach85
>Can’t beat trucks because the box is open. If your Jetta had an open bed instead of truck/back seats it would be legit even with its small size.
What are your thoughts on the Hyundai Santa Cruz?
>Where I live delivery is not an option, if I ever want to buy any furniture I kinda have to have a truck.
Would you be open to renting a truck or van the 1 day per year you need to fit something large?
I've personally driven compact cars my enter life and then just rent or borrow a truck whenever I need one, which isn't very often. Compact cars are crazy cheap to operate compared to a pickup which more than makes up for the cost of renting a truck.
my next car will be a larger sedan so that I have room in the back seat for passengers/kids. Maybe something like a Volvo V90 CrossCountry or a VW Arteon.
The fact that I can get a fully spec'd 300HP full-size upscale hatchback(the Arteon) for almost $10,000 cheaper than the cheapest bare bones full-cab F150 makes me think people have absolutely lost their minds to be choosing modern pickup trucks as their commuter/grocery getter.
The marketing departments at the truck companies have been doing a bang-up job tapping into emotion and aspiration in order to get people to spend so much money
Panda4you t1_j5phu3q wrote
Reply to comment by DirtyKen in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
I couldn't agree more with your statement, good sir. Data is beautiful, but also frightening if the right parameters, sample, population, calculations etc are not selected appropriately for the question you ask about the data. When these categories are not chosen correctly for your data calculations, then you can misrepresent any point very easily. So much as removing a potential outlier can have significant impacts on the final representation of said data.
So many comments mentioned how this set of data was unfair because it did not include smaller corporations with CEO's, or didn't account for the type of pay they were receiving in comparison to company employees. Those sorts of questions would require additional data and calculations, and could also water down results and muddle the point the graphic/author wanted to make.
On the other side of things: I agree that there is a sample bias here over all, but the intent was to see a glimpse of merely the top 350 company CEO's income disparity over a long term period. Further investigations into the data could be done to see if the initial graphic is still significant or not.
This is just my two cents from being a student in stats. Take it, leave it, burn it, hate it, be my guest. =P
cuteman t1_j5phn5i wrote
Reply to CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Salary or stock grants?
The majority of CEO income is stock grants.
The size of companies has grown significantly since 1978 therefore any compensation tied to stock will have also grown significantly.
New_Acanthaceae709 t1_j5ph96e wrote
Should probably also include Schmidt for Google, who has another 1%.
ToxicBernieBro t1_j5pgp6v wrote
Reply to CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Actually communism is evil so we should give them another raise. I dont know why that makes any sense but it has been made very clear to me that I have to believe it so lets give them a raise. I dont like it either but what are you gonna do, vote for a new bourgeoisie? dont be ridiculous there is no democracy
mata_dan t1_j5pg1vd wrote
Reply to comment by Weekly_Thought1612 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Ah those ones where either all responses are considered positive or all responses are considered negative depending on if the purpose is to brown nose or to drag people through the mud and they give you an extra free text field with a limit of 100 characters or something, and it's just a text input not a textarea, and that character limit isn't warned about before clicking submit.
tugboat50 t1_j5pftbe wrote
Reply to [OC] My 2022 Net Expenses by cash_is_key
633 on eating out. That may cover a month for me 😅
FuzzyBucks t1_j5pflt3 wrote
Reply to comment by TotallynottheCCP in Beautiful data, graphics, and analysis on the ever-increasing size of the American pickup truck. by cptspinach85
why do you care about a V8? if power and torque are sufficient, why does engine volume matter?
Fausterion18 t1_j5pu698 wrote
Reply to comment by bigloser42 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Nobody is going to try and rescue a sinking ship for base pay.
Turnaround specialists get paid the big bux for a reason.