ceo to worker pay ratio
He wrote that Wells Fargo itself could benefit from the "positive publicity in a time of extreme consumer skepticism towards
"While I don't really defend that amount, it even seems ludicrous to me," said Dillion. "It wasn't that ludicrous at the
From the Pope to billionaires, people are beginning to reject today's popular CEO compensation formula as unjust. There is no reason other than greed to explain how one human's contribution can be worth more than the contribution of 1,000.
To address this discrepancy, strikers and their supporters demanded fast-food companies pay workers $15 an hour and give
“I’m not judging other people for what they do, but at Whole Foods culture it’s 19 times,” Robb told Fortune of ballooning
The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
It can be especially embarrassing when the CEO doesn't perform. Former J.C. Penney head Ron Johnson, whose compensation was
Everyone, that is, except for the workers. This news probably comes as little surprise to regular readers of HuffPost Business
But while corporate chiefs are raking it in, paychecks for us normals aren’t going up all that much. CEO pay rose 8 percent
Are CEOs hundreds of times more valuable than their employees? Corporate boards seem to think so. In past decades, as CEO
Major company officials don’t think it’s such a good idea for their firms to be transparent about CEO pay. Why you ask? Well