August 15, 2013
Congrats, CEOs! You’re Making 273x the Average Worker
– Broc Romanek, CompensationStandards.com
It seems that directors continue to be immune from the stats that show the sharp growth of CEO pay compared to everyone else – but the media certainly isn’t (nor the 99% that aren’t CEOs). A recent example is this Washington Post article, which includes some pretty startling charts. The stats are pulled from a new white paper from Lawrence Mishel and Natalie Sabadish of the Economic Policy Institute which tracks the growth of CEO pay over the past 50 years…
Here’s a related article from Josh Bivens and Lawrence Mishel of the Economic Policy Institute: “The Pay of Corporate Executives and Financial Professionals as Evidence of Rents in Top 1 Percent Incomes.”