The Public Image of Business People (Footballers versus Bankers)
In these tough economic times big business continues to be blamed for causing the financial crisis or of not doing enough to secure jobs. Any board member or senior executive is in the firing line of public abuse for any kind of financial reward.
The Government has joined the media in ridiculing and criticising firms for their lavish treatment of staff. Banks have been the main targets of scrutiny, grouped into one bucket regardless of division, role or responsibility. Your friendly branch teller on a measly salary is as guilty as the CEO who is paid a lot better.
We are not suggesting that these organisations are totally innocent. Yes, many acted with greed and carelessness that wiped millions from balance sheets. However one must consider the important role business, including banks play in helping the economy recover and making some positive contributions to society. Also remember that not everyone within these organisations is evil.
The strange thing is the microscopic analysis of senior executive pay. This has always been a sensitive pain point for everyone who isn’t earning 6 or 7 figures. Newspapers love publishing catchy headlines to stir up reader emotion. But… should business people not be rewarded for their effort and contributions to business? Why don’t people blink an eyelid about sport stars and celebrity pay packets?
The rather simplistic table below compares two of the highest paid in their respective fields. Footballer versus banker – who is most deserving?
|Player||Cristiano Ronaldo||Jamie Dimon|
|Age||1985 (27)||1956 (56)|
|Occupation||Forward||Chairman, President and CEO|
|Team||Real Madrid||JP Morgan Chase & Co|
|Time in Job||2009-Present||2004-Present|
|Performance in Current Role||89 Appearances, 98 Goals||Q4-2011: Net Revenue $22,198m, EPS$0.90
Q4-2005: Net Revenue $14,955m, EPS$0.73
|Career Highlights||Various including Portuguese Footballer of the Year, FIFA World Player of the Year||Avoided Credit Crunch, Maintained Share Price|
You might also enjoy:
+ Lessons Learned From A Hacker News Traffic Spike
+ Startup Weekend: What to expect? How to prepare?
+ Samsung’s Pivot From Dried Fish to Smartphones
+ The Startup Dictionary – Learning the Lingo #3
Where to next? Check out a random article.
Join the conversation: Leave a comment or tweet this post.
- Click to share on Google+ (Opens in new window)
- Click to share on Twitter (Opens in new window)
- Share on Facebook (Opens in new window)
- Click to share on Pinterest (Opens in new window)
- Click to share on Reddit (Opens in new window)
- Click to share on Tumblr (Opens in new window)
- Click to print (Opens in new window)
- Click to email (Opens in new window)
About Spark N Launchhttps://sparknlaunch.wordpress.com
- December 2014 (1)
- November 2014 (1)
- February 2014 (1)
- November 2013 (1)
- September 2013 (1)
- August 2013 (1)
- June 2013 (1)
- May 2013 (1)
- April 2013 (1)
- March 2013 (1)
- February 2013 (1)
- January 2013 (2)
- December 2012 (4)
- November 2012 (4)
- October 2012 (4)
- September 2012 (4)
- August 2012 (6)
- July 2012 (9)
- June 2012 (5)
- May 2012 (11)
- April 2012 (12)
- March 2012 (12)
- February 2012 (9)
- January 2012 (6)
- December 2011 (2)
- November 2011 (2)
- October 2011 (4)
- September 2011 (1)
- Looks like rain - Scattered Showers and 22 C - Better read sparknlaunch.wordpress.com 11 months ago
- Looks like rain - Scattered Showers and 16 C - Better read sparknlaunch.wordpress.com 11 months ago
- Looks like rain - Scattered Showers and 21 C - Better read sparknlaunch.wordpress.com 11 months ago
- Looks like rain - Scattered Showers and 19 C - Better read sparknlaunch.wordpress.com 11 months ago
- Looks like rain - Scattered Showers and 19 C - Better read sparknlaunch.wordpress.com 12 months ago