Take a few minutes to watch the following video. It is a very interesting and surprisingly dramatic representation of the wealth distribution of the United States of America.
A few weeks ago, my mother and I were discussing the Royal Bank of Canada, as we are customers and are also shareholders. As such, we received the Annual Report, which she perused, and then stopped, shocked by the numbers. The president of RBC has an annual salary of $1.5 million, and with added bonuses, earns approximately $13.8 million per annum! We proceeded to have a long discussion about the validity of that number in regards to the amount of work and perceived knowledge contribution that he invests as the president. Does he really deserve to earn that amount of money? Couldn’t the bonuses be less and still be competitive enough to attract high-quality candidates for that job?
Then this past week, the EU voted to cap banker bonuses at twice their salary!
Read more at these links:
And today, I read a blog post by an orphan advocate, encouraging us to think about justice as children often do.
“What would happen if we compared our won luxurious lifestyles to the needs of others? Maybe things would look different if we looked at the injustice of the world and said “that’s not fair”…” – Chelsea Pearce
Read the rest of the post at http://youwillgooutwithjoy.blogspot.ca/2013/03/thats-not-fair.html.
Do you have any ideas or concerns about this? What do you think should be done, if anything, about the large salaries and bonuses at the top of the pyramid?
Welcome! My name is Katiana and I am a development professional pursuing my dream to live out Isaiah 1:17 to the best of my abilities. I am passionate about teaching and working with vulnerable families and children to improve their lives sustainably.
This blog is composed of my personal opinions, which do not necessarily reflect the opinion or views of institutions or organizations that I may be or have been affiliated with.