Wednesday, February 28, 2007

CEO pay

I don't have a lot for you today, so I'll provide some food for thought.

Based on an April 2006 Wall Street Journal survey, for 2005 CEO pay was 411 times what the average worker made. If minimum wage had grown at the same pace, it would be worth over $22/hour.

In 1990, CEO pay was 107 times the average worker pay. I think you could argue that performance of companies since 1990 hasn't improved, so why the insane rate of growth for CEO's?

Think about it.

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