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Von sillychillly
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Von sillychillly
4 Comments
CEO Pay Skyrocketed 1,085% Since 1978 and are getting Paid 290 Times the Typical Worker – Is This Sustainable?
This report from the Economic Policy Institute reveals that while CEO pay dipped slightly in 2023, it has surged 1,085% since 1978, compared to just a 24% rise in typical workers’ pay. Even with a minor dip, the gap between executives and workers remains enormous.
What do you think needs to be done to address this imbalance?
Are regulations on executive compensation necessary, or should we focus on raising workers’ wages?
Seems like a corporate governance issue.
Just make public shareholder say on pay votes binding.
Otherwise private businesses are going to pay for what they think is valuable, and good management is apparently pretty valuable.
How many employees are under one CEO in comparison?
Corpo: “If you make me rich, I’ll make you rich too.”
Avg worker: Ok, I’ve given my best years to grow this company and corporations are richer than ever, we have ultra rich billionaires and will have a trillionaire in the next decade, when will the money start trickling down?
“Who are you again?”