9/12/2006

Executive Excesses

In an article available at SocialFunds.com, outsized CEO salaries are put into perpective in an article called "The Ratio of Greed: Numbging Numbers of Executive Excess."

Among the key metrics cited:
  • CEO-to-worker pay: 411-to-1
  • Since 1990 (adjusted for inflation): CEO pay rose almost 300 percent, profits increased a little over 100 percent; average worker pay rose 4 percent; the minimum wage decreased almost 10 percent
  • If average workers had experienced the same raises as CEO's, they would be making $108,000 intead of $28,000 and minimum wage would be $22.61 instead of $5.15.

0 Comments:

Post a Comment

<< Home