CEO pay is up 1,085% since 1978, while typical worker pay is up just 24%.
Why do we always hear "we can't afford to pay our workers more" but never "we can't afford to pay our CEO more"?
CEO pay is up 1,085% since 1978, while typical worker pay is up just 24%.
Why do we always hear "we can't afford to pay our workers more" but never "we can't afford to pay our CEO more"?
Don't forget that the major portion of CEO pay is based on bonuses. Those bonuses are usually based on providing buy backs (kick backs) to stockholders. These buy backs provide the largest source of income for the richest 1% of people in America. It's a protection racket for the rich.
No replies yet