Sunday, July 20, 2008

Reality Bites - The Economy

In 1982, the average CEO made 42 times more than the average production worker.
In 1990, the average CEO made 107 times more than the average production worker.
In 2004, the average CEP made 431 times more than the average production worker.

Source: United for a Fair Economy & The Institute for Policy Studies.

http://www.ips-dc.org/
http://www.faireconomy.org/


The annual compensation of S&P 500 CEO's is eating up more and more of company profits.
4.8% 1993-1995
10.3% 2001-2003

At Whole Foods, executives can only make 14 times the average worker.

Source: Harvard/Cornell study of Top Executive compensation as referenced on NOW in January of 2006

http://www.pbs.org/now/index.html
http://www.pbs.org/now/transcript/transcriptNOW203_full.html

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