What were they thinking? I’d be glad for nonprofits to attract the best and brightest, but $831,000 for the president of Goodwill Industries of the Columbia Willamette is over the top. Michael Miller’s compensation and benefits has been more than any executive at the other 172 Goodwill branches in North America or at Oregon’s other social service nonprofits.
I think it’s a good idea to watch the ratio between the highest and lowest paid within an organization. In 2004 the ratio in the United States of CEO pay to worker pay was 431 to 1. In 1965 it was 44 to 1. The board of directors at Goodwill Industries of the Columbia Willamette seem to be a part of the problem instead of a part of the solution.
I think it’s a good idea to watch the ratio between the highest and lowest paid within an organization. In 2004 the ratio in the United States of CEO pay to worker pay was 431 to 1. In 1965 it was 44 to 1. The board of directors at Goodwill Industries of the Columbia Willamette seem to be a part of the problem instead of a part of the solution.
posted by Dan McCracken at 7:06 PM
1 Comments:
Dan, that's a phenomenal stat. Thanks for writing about these things, and reminding me of something I'm concerned about.
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