Wachovia information paper Are American chief operating officers Paid as wholesome as Much? Are American CEOs oerpaid? In my opinion, they ar. In America today, CEOs of various companies are known for their senior high position and for their high salary. According to the pedigree Journal, the average CEOs of an S&P 500 firm earned $2.7 trillion yearly in 1992. By 2000, the average relent for these CEOs change magnitude to more(prenominal) than four hundred percent totaling to approximately $14 million per year. When compared to average workers, the buy off increase is even more dramatic. Is this increase justifiable? In 1992, CEOs were paid 82 times the average of blue-collar workers.
In 2004, this amount increased to over 400 times. According to the agency of Labor Statistics, the average takings worker fared less well in 2003. Their annual pay was $26,899 in 2003, up just 2.1% from 2002. The average worker took cornerstone $517 in their weekly paycheck in 2003; the average king-sized company CEOs took home $155,769 in their weekly pay. If ...If you want to get a full essay, order it on our website:
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