Numbers Don't Lie

Thursday, December 22, 2005

How much do CEO get paid ?

431-to-1 this is working pay ratio of US CEOs to average workers. It is an anomaly among industrialized nations, where a more typical ratio is 25-to-1. While CEOs continue to receive double-digit percentage raises year after year, workers barely keep pace with inflation.

90% of institutional investors think that corporate executives are overpaid, according to a recent Watson Wyatt survey. And the 85 percent who think that these excessive payments are hurting corporate America’s image (according to the same survey). And the 10 pension funds from the U.S., Canada and Europe (which represent a combined $1 trillion in assets) recently sent a confidential letter to the SEC, urging the agency to look more closely at how executive pay is being set at big companies.

Source: TomPaine.com

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1 Comments:

Blogger disoptima said...

I enjoyed your posts- interesting stuff!

1:45 PM

 

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