FOLLOW BOREME
TAGS
<< Back to listing
How much do top CEOs make compared to the average worker?

How much do top CEOs make compared to the average worker?

(3:12) According to the latest edition of the AFL-CIO's Executive Pay Watch report, the gap between CEO and worker pay expanded last year. In 2011, CEOs in the top 500 US companies made an average of $12 million, about 380 times what the average worker makes. The Young Turks host Cenk Uygur asks whether this is should be, after all, these CEOs are just bureaucrats who run big companies, not the visionaries who started them.

Share this post

You can comment as a guest, but registering gives you added benefits

Add your comment
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
cengland0 cengland0 (1998 days ago)
I don't have any issues with CEO's making 12 million dollars to run a large business. Many of those businesses make billions of dollars a year because of the decisions those CEO's make. Putting into perspective, a couple million in salary to make the company billions is not unreasonable. Do people think you could get that same performance if you hired someone to do that CEO's job for $34,000 a year? Doubtful!
ReplyVote up (125)down (135)
Original comment
I don't have any issues with CEO's making 12 million dollars to run a large business. Many of those businesses make billions of dollars a year because of the decisions those CEO's make. Putting into perspective, a couple million in salary to make the company billions is not unreasonable. Do people think you could get that same performance if you hired someone to do that CEO's job for $34,000 a year? Doubtful!
Add your reply
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
Guest: DanUK (1998 days ago)
Latest comment: I think the point is, that the workers are generally spending their lives turning low value raw goods into high value sellable goods. Their work "creates" this money (albeit with the careful management of the CEO), but the workers can barely afford to eat and have fulfilling lives because the cost of living is too high. I don't care how much CEOs get as long as the people at the bottom of the ladder have a good quality of life for their efforts.
ReplyVote up (174)down (151)
Original comment
Latest comment: I think the point is, that the workers are generally spending their lives turning low value raw goods into high value sellable goods. Their work "creates" this money (albeit with the careful management of the CEO), but the workers can barely afford to eat and have fulfilling lives because the cost of living is too high. I don't care how much CEOs get as long as the people at the bottom of the ladder have a good quality of life for their efforts.
Add your reply
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
RELATED POSTS
Proof Chesterfield Cigarettes have no adverse effects
Proof Chesterfield Cigarettes have no adverse effects
David Pakman - Trump doesn't understand how money works
David Pakman - Trump doesn't understand how money works
Burger King anti-bullying ad
Burger King anti-bullying ad
Virgin gets involved with Hyperloop
Virgin gets involved with Hyperloop
Questions about SpaceX's BFR concept
Questions about SpaceX's BFR concept