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.
First questions:
Why do you care how much CEO's make? What bearing does it have on you.
Next:
How big was McDonalds in 1950?
How big was Walmart
How big was Amazon?
Lets look at the Fortune 500 companies of today
and compare them to the Fortune 500 of 1950.
Oh wait...Fortune didn't do the top 500 until 1955.
The Fortune 500, created by Edgar P. Smith, was first published in 1955.[2] The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil and DuPont.[5] (per Wikipedia)
Let's compare apples to apples.
Let's compare the wages and skills of an auto worker to that of McDonalds employee.
Let's compare the pay of a CEO of 1,000 employee company to that of a 350,000 employee company.
How big (employee wise) were these top 10 companies in 1950 vs the top ten today?
What were the sales numbers in 1950 vs today?
What were the profit margins in 1950 vs today?HUGE difference.
Walmart has 2.2 million employees worldwide.
Between full time and part time employees, averaging 25 hours a week per employee, times 52 weeks a year,
that equals 2.86 BILLION man hours worked per year.
Walmarts CEO made $23.6 million.
That's LESS THAN 1 cent per total man hour worked.
In other words,
It has no bearing on employees pay.
Your envy is making you stupid.