“average top CEO compensation was $15.6 million in 2021, up 9.8% since 2020. In 2021, the ratio of CEO-to-typical-worker compensation was 399-to-1 under the realized measure of CEO pay; that is up from 366-to-1 in 2020 and a big increase from 20-to-1 in 1965 and 59-to-1 in 1989”
Eat the rich.
But guys, just imagine what that’s going to do for us when it starts to trickle down… like any minute now…
compare to only 273% (and ~ six tenths) for the federal minimum wage since jan 1, 1978 (was $2.65, is $7.25). it would be ~ $39/hr if it increased at the same rate at CEO pay over that time frame.
Yeah, but look at how much Elon Musk tweets/xcretes/whatever. He’s obviously doing 1,460% more work than anyone else at Twitter.
Alternative analysis for the WSJ: CEOs endure crisis after crisis - CEOs pay has shown massive cuts on several occasions in the last few years. While average workers salaries have steadily grown in the last 45 years, the pay of CEOs has been regularly affected by enormous cuts, sometimes as much as 45℅.
Bozo McGill, representative for the CEOs in distress: “maybe it’s time to stop caring about the poor. Let’s reduce taxes for the CEOs, otherwise they won’t afford a Lambo a month anymore”