Saturday, October 5, 2024
They talk about the multiple of the salary of some CEOs over the average company worker. Did you see where Harold Daggett, the president of the International Longshoreman’s Union, who threatened to shut down all shipping commerce, makes over $700,000 a year, plus over $100,000 more from the local union he heads, lives in a 7,000 square foot home in an affluent New Jersey suburb, and has a Bentley in his five-car garage? And he has owned a 76-foor yacht?
The median longshoreman pay in the US is $56,000. His income is a multiple of 15 over that average.