Dumb article that fails to make its point.
CEO’s of large publicly traded corporations in the US are making 12 million a year average, some much more.
Expanding the pool to the Russell 3000 means including every single publicly traded company, including much smaller ones, and you still end up with 6 million a year.
And then further changing the definition to salary, when most of the compensation is in equity-based pay, further conceals the truth.
US Corporate CEOs make a ton of money compared to US rank and file workers. That’s just true.
There's a lot going on that you may not know about. There are about 10,000 publicly traded corporations in the U.S. and many tens of thousands more that are not publically listed.
CEOs make a ton of money compared to US rank and file workers.
--because they get a ton of a lot more done. Wealth is something that we can either chose to create ourselves or imagine that we can steal from others.
CEOs make a ton compared to workers? So what? I make a ton compared to the guy in the mail room or the kid working at Taco Bell.
IIRC corporate CEOs once used to make about 30 times what their employees earned. In recent years this became more like 300 times what employees earn. I haven’t followed this for awhile so I don’t know what the compensation numbers are like now.