he says “in the late 1970s, chief executive pay was 35 times that of the average American worker” but “in 2007, the total compensation of chief executives in large American corporations was 275 times that of the salary of the average worker”.
Entries Tagged as 'Workers Pay'
Executive Pay & Perks vs. Workers Pay & Benefits
February 10th, 2009 · 1 Comment · Wall Street
Tags: Big Business·Greed & Corruption·Pay Packages & Bonuses·Wall Street·Workers Pay
Taxpayers Subsidize Skyrocketing CEO Pay While Workers Pay Decline
September 4th, 2008 · 1 Comment · Taxes
September 4, 2008
The Facts
The S & P’s top 500 CEO’s were paid an average of $10.5 million in 2007 which is 344 times what the typical American worker makes, according to a report by the Institute for Policy Studies and United for a Fair Economy. The top 50 hedge fund managers averaged $588 million each, [...]
