Income Inequality: The "CEO Meritocracy" Myth


by United for a Fair Economy on Oct 20, 2013 | Views: 116 | Score: 0
Average Annual Salary
CEO at S&P 500 Company11400000
U.S. Navy Seal54000
Annual Salary (USD)
Sources: faireconomy.org
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United for a Fair Economy
United for a Fair Economy on Oct 20, 2013 1:52 PM said:

By overlooking exorbitant CEO salaries, we wrongly accept the "meritocracy" myth; that is, the inaccurate notion that in order to attract the best and brightest we must pay CEOs skyrocketing salaries. A CEO at an S&P 500 company will make an average annual salary of $11.4 million. An elite U.S. Navy SEAL will only make $54,000.