From CAP:
According to a recent study, "the gap in pay between average workers and large company CEOs surpassed 300-1 in 2003." While the average worker earned $517 per week in 2003, the average CEO for a large company earned $155,769 a week. In other words, the average CEO makes more in ten minutes than an average worker makes all week. And the situation is getting worse: in the last two decades the gap has expanded rapidly – in 1982, the ratio between the average worker and CEOs was 42-1. In the last 13 years, CEO pay rose an astounding 313%. Meanwhile, pay increases for the average worker over that period (49%) were almost entirely offset by inflation (41%). |
So there you have it, if you're tired of hard work and low pay, then become a CEO!
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