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"?
In a company with 1000 employees, if you take a $1MM CEO salary and divide it by those 1000 employees they get another 48 cents an hour.
Corporations weigh CEO $1MM vs giving half a dollar raises to all the employees. A .50/hr raise isn't going to productivity, and will be viewed as an insult.
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