Since the 1970s, CEOs’ salaries have continued to climb that on average they’re 300 times higher than workers. So why are CEOs paid so much?
Perspectives on Psychological Science
“Across 26 developed countries, the average minimum wage increased by just 0.7% in 2010 and actually decreased by 0.6% in 2011 (International Labour Organization, 2013), in sharp contrast to the steady rise in compensation for executives (Morgenson, 2013). ”
Why the Gap Between Worker Pay and Productivity Is So Problematic
“Labor has become more efficient and profitable, but employees aren’t sharing in the benefits.
CEO Pay Continues to Rise as Typical Workers Are Paid Less
“The 1980s, 1990s, and 2000s were prosperous times for top U.S. executives, especially relative to other wage earners and even relative to other very high wage earners (those earning more than 99.9 percent of all wage earners).”
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