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CEOs earned 273 times the average worker in 2012—and that’s going up
According to the Economic Policy Institute, in 2012, average CEO compensation among the 350 largest U.S. public companies was $14.1 million (including income from options), which was a 12.7% increase on 2011, and 37.4% jump over 2009.
Some economists explain this higher-than-the-highest phenomenon by saying that CEOs’ jobs are becoming more difficult, and that they therefore should be paid better. But the EPI favors a different explanation: that CEOs hold the reins of their organizations and can win the compensation that suits them. 
[Image: Lildevil4ever]

CEOs earned 273 times the average worker in 2012—and that’s going up

According to the Economic Policy Institute, in 2012, average CEO compensation among the 350 largest U.S. public companies was $14.1 million (including income from options), which was a 12.7% increase on 2011, and 37.4% jump over 2009.

Some economists explain this higher-than-the-highest phenomenon by saying that CEOs’ jobs are becoming more difficult, and that they therefore should be paid better. But the EPI favors a different explanation: that CEOs hold the reins of their organizations and can win the compensation that suits them. 

[Image: Lildevil4ever]

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    I agree that most CEOs work harder than their average employee. But, 273 times harder? Yeah, no. No, no, no. That’s...
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