Last week, the City Council in Portland, Ore. voted to impose a tax surcharge on companies with high CEO-to-worker-pay ratios. Companies whose CEOs make 100 times more than the median-paid worker will pay a 10 percent surcharge. Those with chief …
This week at PayScale, we did a deep dive into the salaries of CEOs to understand how much CEOs make relative to typical workers. We also looked at how employees feel about the salaries their chief executives earn. Find out …
Next year, the Dodd-Frank Act will require publicly traded companies to publish their CEO-to-worker pay ratio, a move that’s expected to draw attention to the growing gulf between the salary of CEOs at top companies and the salary of employees …
Most workers understand that the guy (and sadly, it's still usually a guy) at the top of the corporate hierarchy is going to earn more than they do -- a lot more. After all, he's the one who has to pick up the pieces if the company falls apart. In some companies, however, the difference between the CEO's salary and workers' pay isn't quite as steep.
What's worse than working for a chief executive who makes millions of dollars a year? Working for that same millionaire CEO when you know it would take you 100 years -- or more -- to earn his annual salary.
The top CEOs in the US got a 1 percent raise last year, according to disclosures from 46 companies in the Standard & and Poor's 500. The previous year, CEOs' pay jumped 15 percent.