US EditionDisparity at Sea: Cruise CEOs' Exorbitant Pay vs. Peanuts for Crew Members
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LexBlogDisparity at Sea: Cruise CEOs' Exorbitant Pay vs. Peanuts for Crew Members
The average CEO of a company included in the S&P 500 makes 268 times more than their median employee, a figure that outrages many. Cruise line CEOs blow this number out of the water. The top cruise line CEOs are paid a minimum of several hundred to well more than 1,000 times more than a median ship employee. Norwegian Cruise Line Holdings’ (NCLH) Harry Sommer makes 380 times more than the median NCLH crew member, Royal Caribbean’s Jason Liberty …
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