The Pardu

The Insane Reality Of CEO Compensation!

In CEO-to-worker pay ratio, Chart of the day, David Ruccio, Gretchen Morgenson on April 14, 2015 at 8:49 AM

Re Post from David Ruccio’s  OCCASIONAL LINKS & COMMENTARY

Chart of the day

Posted: 14 April 2015 in Uncategorized
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CEO-worker
The CEO-to-worker pay ratio is on the rise again, according to the Economic Policy Institute, after falling in the immediate aftermath of the financial crash of 2008. That’s both because corporate executives are able to capture more and more surplus and workers’ continues to stagnate.
The CEO-to-worker compensation ratio was 20-to-1 in 1965 and 29.9-to-1 in 1978, grew to 122.6-to-1 in 1995, peaked at 383.4-to-1 in 2000, and was 295.9-to-1 in 2013, far higher than it was in the 1960s, 1970s, 1980s, or 1990s.
According to more recent numbers, reported by Gretchen Morgenson, that ratio can be 1,073 (for Starbucks), 1,111 (for Qualcomm), 2,012 (for Microsoft), and even 2,238 (for Walt Disney). To be clear, that means Walt Disney CEO Robert Iger pulled in 2,238 times the median workers’ pay (estimated to have been $19,530 last year) at Walt Disney.
Here, according to the most recent figures (from Equilaris the list of the top 25 highest-paid CEOs in the country.
CEO pay


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