Monday, May 06, 2013
Derek Thomspn, The Atlantic
Submitted by: Editor

Justifying the CEO-Worker Pay Gap

The CEO-Worker pay gap has exploded since early 60's. Derek Thompson of the Atlantic explains why.

[Atlantic] Why are executives paid so much more than the average employee?

  1. Accelerated stock returns
  2. Bull markets make CEOs fabulously wealthy, and they make shareholders indifferent to their fabulous wealth.

[Atlantic] Ron Johnson, the disgraced outgoing CEO of JC Penney, made an astonishing 1,795-times the average wage and benefits of his department store workers, according to a new survey from Bloomberg. That makes JC Penney the single most unequal company in the U.S., by CEO-worker pay ratio.

Posted by Editor on 05/06/13 at 08:39 AM •  (0) Comments

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"America does not have an aristocracy or a plutocracy."
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