How Much More CEOs Make Compared with Workers

Submitted by: buddy 10 years ago in
http://www.portfolio.com/infographics/2007/06/salary_comparison

Slide the bar to see the rates over the years.
There are 52 comments:
Female 2,084
ok?
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Male 522
Eat the rich. Nuff said.
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Male 78
I agree with DiePSPolice. It`s not hard to picture the impact of one person on a company. A real-life example is Glenn Murphy, the new CEO of GAP Inc, who turned around a company called Shoppers Drug Mart in Canada. He made several changes in the store, including a high-end cosmetics area, and the profit of the company doubled in 4 years. In other words, the company is hoping he can do the same thing for us.

Also, we need to put things in perspective. If you make $50,000 a year, chances are you`ll have a house worth not too much more than that. If you make $1 million a year, your house might be worth more than $50,000, but you also still have to pay for it. Unless you live beneath your means, you`ll still have the same expenses, just on a different scale.

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Female 130
It doesnt show the hours, i mean that `average worker` could be a burger flipper at Mcdonalds working for minimun wage about 3 days a week, 5 hours a shift, a big chunk of which is spent doing jack all. where as a CEO works at least 6 days a week, probally a 8 - 5+ job with heavy overtime, takes paperwork home with them everynight, has to go to meetings to deal with other companies, and is on call for a disaster pretty much 24/7. If your stocks plummet, a CEO will have to haul ass and try to make the best of it, if someone at that level quits, goes on vacation, or is injured or sick, your work load goes up. whereas if your just the one in charge of fries, your still just gonna be the one in charge of fries, your never gonna have to deal with missing funds. and if the average worker at McD`s quits, they stick a couple of application forms on the wall.

This is assuming its talking annual income, not hourly wage. It makes more sense to measure it annually than hourly though.

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Female 690
I`m not sure if this is true but I read somewhere once that as your pay goes up your free time goes down. If that`s true then the average worker has way more free time then a CEO. Personally I don`t care that much about money that I would trade my free time for it. I would rather have time to do things that don`t cost much money like running, reading, camping, going on the internet. What`s the point of money if you have to wait until you retire to enjoy it?
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Male 493
"And to all of you who say it`s fair because they handle more work, etc... Think of it this way. Fire one CEO, hire 485 people. Even if each person puts in one day of work a year, you`ll still get more done than the CEO, even if he works through holidays and vacation time."

It doesn`t work that way. You take a large corporation employing tens of thousands of workers and 485 more people doesn`t change a thing. A good CEO versus a bad CEO on the other hand can singlehandedly affect the profitability of the company by hundreds of millions of dollars per year or more. It`s not the amount of work they do, it`s the effect they have on profit.

That being said, there are bad CEOs that still get paid ridiculous sums of money and get golden parachute severance packages worth tens or hundreds of million dollars when they leave because they were failing. That`s retarded.
See moneycentral.msn.com/content/P125120.asp

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Male 1,149
So what, they earned it.
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Male 55
louise22d, there is only room for one CEO per company.
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Female 878
D=
That sickens me.
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Female 64
I don`t get it, what is everyones problem? If the only thing the CEOs have better than a normal worker is being a kiss up and a degree then just do the same and stop moaning about how unfair it is. If it`s that `simple` then anyone could do it, so it`s not unfair.
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Female 2,552
DAAAAAAAAAAMMMNNNNNNN

Why?

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Female 2,695
o_O
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Female 600
Aww look, a nausea inducing balloon diagram!
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Male 334
That is an outrageous number guys, but let`s think about this. I don`t have a problem with the person who built the company out of nothing getting that much money, but someone who just got promoted getting that much more for not that much more work is just wrong.
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Female 1,832
so not fair
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Female 727
blah that`s sickening
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Female 1,398
I`m becoming a CEO now.
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Male 5,970
My uncle is a CEO and is rich, that explains it
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Male 332
*465, but it still works.
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Male 332
And all that crap about higher education make no sense too. The difference is the type of higher education. The CEO may have a business degree, while the code-monkey working for 485 times less dough may have a masters in computer engineering.
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Male 332
It gets cut in half from 200 to 2002, internet bubble ftw. Then it just goes right back up again. And to all of you who say it`s fair because they handle more work, etc... Think of it this way. Fire one CEO, hire 485 people. Even if each person puts in one day of work a year, you`ll still get more done than the CEO, even if he works through holidays and vacation time.
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Female 66
That`s one big head...
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Male 272
The CEO`s aren`t making MORE money, the workers are paid less =D
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Male 679
I wouldn`t necessarily say that, Kayla. The ordinary worker at least has the benefit of going home and being done. The CEO has constant worries. It may be more physically tolling, but a CEO`s job still isn`t easy...

But it sure as hell isn`t 400 times harder. :-P

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Female 7
Actually I`d rather be a brain surgeon.
Assuming I wouldn`t be CEO of some major corporation.
Like McDonald`s.
Anyway, interesting how the regular workers do more work than the CEOs.
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Male 679
[quote]On 8/1/2007 6:02:33 AM AtomicMuffin wrote: Smarter than you = More money than you[/quote]

Are you f*cking kidding? Neurosurgeons only make about a mill or two a year.

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Male 438
"That must be a lot of money o.o Or it could be the inflation of money to make it seem like a lot of money." Inflation would raise both wages and not affect the ratio.
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Female 688
"What happened when traditional religion for the masses gradually dissolved is a seriously mindless "whatever we can get away with" approach to life."

I agree

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Female 76
I chalk it up to New Age crap. What happened when traditional religion for the masses gradually dissolved is a seriously mindless "whatever we can get away with" approach to life. It`s not like there are 6 or 7 ultra-evil people in the world sitting around a conference table in a skyscraper somewhere. This is the result of nothing more than greed as guidance.

Meh, just me chattering the last gasps of the Old Regime, which was already over by the time I was born. I don`t plan on adjusting - I just hate it here and will never get along with what`s left over.

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Female 525
big head distrcated me
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Male 40
hmmm i`m not too sure aboot this, as Beternal said, if you find out what the average worker earns, which is around the £16,000 mark, then the average CEO is earning absolute millions, while in practice they earn something like £350,000 a year (+ bonuses i guess)
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Male 147
I miss freelancing :,(
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Male 99
gee...its not like they have a better education, handle more responsibility and often work longer hours, sometimes 18 hr days...lets all hate them!
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Male 699
Smarter than you = More money than you
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Female 795
Yeah I am getting pisted off at this Dumbo0416 person too.
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Male 492
baby jesus is crying plain and simple
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Male 136
why does it stop at 2005? bleh. interesting.
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Male 151
And some of them still need to steal from their companies or the people to feel rewarded.
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Female 350
Dumbo needs to actually comment instead of saying the same thing in every post. Wish this wasn`t so true, I like how they compared it with heads though
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Male 84
wow.. that is.. kk im listening to my parents and going to a GOOD college now haha
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Male 144
frightening isn`t it beternal. but true neverless
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Male 2,586
Work it out though... lets say the average worker earns £5 ($10) an hour... That means the average CEO earns about £2500 ($5000) an hour! Means the average CEO earns 4M a year?!
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Male 102
You can get paid alot for being a useless, a55kissing moron. Ans get paid very little for busting your hump.
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Male 374
^Zomg, great idea. =]]
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Female 182
my goal for the future...marry a CEO
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Female 59
does anyone have a needle so i can pop his b`loon head?
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Female 1,596
That must be a lot of money o.o Or it could be the inflation of money to make it seem like a lot of money.
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Female 182
haha the heads!
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Male 374
Crazy.
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Male 813
2000, boom of the internets
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Male 259
That`s some crazy sh*t.

465 times MORE than the average worker??!

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Male 10,115
Link: How Much More CEOs Make Compared with Workers [Rate Link] - Slide the bar to see the rates over the years.
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