In the United States, there are sectors where there is a 300-700-fold difference between the average salaries of CEOs and “employees” at a given company, according to union data. Survey data was collected from half a thousand of the largest US companies, which provide the S&P 500 index.
The data shows that CEOs of the 500 publicly listed giants made an average of $15.5 million in the previous year. This equates to approximately HUF 4.7 billion, which is almost 300 times more than the average salary of employees. In the case of so-called non-essential consumer goods firms, the difference between the average wages of managers and employees is most obvious, written by A Novekedes.
At companies like McDonald’s Corp. or Nike Inc. CEOs earn 741 times more than the average employee’s salary.
In the basic consumer goods sector, CEOs earn about 400 times as much. These include retail chains such as Tesco.
The ratio is already 315:1 in the IT sector and 334:1 in the telecom sector. The utility sector has the lowest wage gap, with managers “only” receiving 92 times more than the average employee.
“Writer. Twitter specialist. Passionate social media ninja. Lifelong beer buff. Bacon fanatic. Wannabe web scholar. Devoted coffee maven.”
You may also like
Prince Harry cannot sue the UK Home Office
Index – Abroad All entry gates at British airports have stopped, and huge queues have formed
The technical: The UK’s e-passport system is stuck, and there’s serious congestion at the biggest airports
Ocean currents may collapse in Antarctica
Economy: Border Patrol will strike at many UK airports at Christmas and New Year’s Eve