The American economy may be faltering, but corporate executives needn't worry: Regardless of how well they perform, each one of them stands a good chance of getting paid as much as all the others -- if not more.
That's because of a practice known as "peer benchmarking" -- a widely used method wherein corporations set pay for their executives at or above the median level of, well, other executives.
Read more of this HuffingtonPost.com Article
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
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