CEO pay: 364 times more than workers
The wage gap is still gaping, according to a new report. But it's not nearly as wide as the gap between private equity managers and everyone else, including CEOs.
By Jeanne Sahadi, CNNMoney.com senior writer
August 29 2007: 8:25 AM EDT
NEW YORK (CNNMoney.com) -- Pay comparisons almost always leave someone feeling dwarfed, and none more so than the CEO-to-worker pay gap. But even CEOs have reason to feel seriously dwarfed these days, thanks to the outsized paychecks of private equity and hedge fund managers.
The average CEO of a large U.S. company made roughly $10.8 million last year, or 364 times that of U.S. full-time and part-time workers, who made an average of $29,544, according to a joint analysis released Wednesday by the see more
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