Kyle Kulinski
@seculartalk·2.1M subscribers·24.1K videos
CEO-To-Worker Pay Ratio Ballooned 1,000% Since 1950
Posted
May 2, 2013
Views
1,091
Likes
25
Comments
2
Engagement
2.47%
May 2, 2013
1,091
25
2
2.47%
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4:03Now PlayingWe've made progress on a lot of things since the 1950s and so have CEOs -- in their quest for more money that is.
The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
"When CEOs switched from asking the question of 'how much is enough' to 'how much can I get,' investor capital and executive talent started scrapping like hyenas for every morsel," Roger Martin, dean of the University of Toronto's Rotman School of Management, told Bloomberg...
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Clip from the Wednesday, May 1st 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.
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