I'm sorry, I just don't trust that data. Suppose the average worker receves 40K a year, that means that the CEO would make 24-40 million. There are few who pull that down, mostly through stock options, but not very many.
Quote: I'm sorry, I just don't trust that data. Suppose the average worker receves 40K a year, that means that the CEO would make 24-40 million. There are few who pull that down, mostly through stock options, but not very many
Read the USA today article. The top 100 ceo's are making 25 million and on up. The guy from United tech is making 98 million per year + perks. The 24-40 million you quoted was actually at the bottom of the pay scale. These numbers were not pulled out of thin air but from the corporate balance sheets