CEOs Get Paid Too Much, According To Pretty Much Everyone In The World

CEOs Get Paid Too Much, According to Pretty Much Everyone in the World, Harvard Business Review, 24 September 2014

In blue is what people think CEOs should ideally earn (can you see it there in the center? It’s about 4.6 times what an unskilled worker earns), in red is their estimate of what CEOs do earn (about 10 times what workers earn), and in grey is what CEOs actually earn (no country was over 150 times except for the US at 354 times!):

CEOPay

The authors calculated what an average worker’s wages would be if CEO compensation remained what it is, but workers wages were brought in line with what respondents thought was fair or ideal:

CEOPay2

Look at what they say an average worker here in the US would be making if the pay gap was closer to the ideal ratio of 7-to-1 instead of the actual ratio of 354-to-1 … $1,838,975/yr instead of $34,654/yr. And we can’t even raise the minimum wage.

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