Since 60s, CEOs Making 700% More, Workers Less than 6%
by PRWatch.org on Sep 17, 2013 | Views: 274 | Score: 0
| CEO-Worker Compensation Ratio | |
|---|---|
| 1965 | 20.1 |
| 1978 | 29 |
| 1989 | 58.5 |
| 1995 | 122.6 |
| 2000 | 383.4 |
| 2008 | 314.8 |
| 2010 | 228 |
| 2011 | 231 |
Sources:
epi.org
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by PRWatch.org on Sep 17, 2013 | Views: 274 | Score: 0
A clear indicator of the egregious increase in wage inequality over the last thirty years is the change in compensation--including salary, bonuses, and exercised stock options--of CEOs compared to that of their workers. In 1978, company executives generally made only 29x that of the average worker. Since then, CEO compensation has increased 726%, compared to a mere 5.7% for workers.