According to the latest report from the staff of Minnesota Democratic Rep. Keith Ellison, the CEO of the United States is the best in the world. Under the Dodd - Frank Wall Street Reform and Consumer Protection Act of 2010, listed companies in the U.S. are beginning to announce the ratio of CEOs to other employees.
Mr. Ellison asked the staff to confirm the percentage of 225 of the top 225 Fortune 500 companies in order to publicly disclose the CEO's fee. These companies hire over 14 million workers and generate at least $ 6.3 trillion in revenue. Two-thirds of the top 1% households in the United States are led by the management team of the company and it is reported as "reward or buying?"
Fortune 500 company CEO and employee salary ratio is 2 to 1 to about 5000. The average ratio of CEOs / workers is 339
Of the 225 companies analyzed by researchers, the remuneration of 188 CEOs can be used to pay more than 100 workers.
With the exception of six companies, all other company intermediary salary employees need to work for 45 years to gain CEO performance in one year.
According to the report, the income disparity in the US has risen sharply in the past 50 years despite the increase in labor productivity. Researchers said, "Most Americans' income has been stagnant for 40 years." Instead, the expansion of income disparity is brought about almost completely by the sudden increase in 1% of maximum income.
The smallest company in the database is Warren Buffett's Berkshire Hathaway with 2% share. The largest percentage of companies is Mattel, a toy manufacturer with a ratio of $ 4,987. In submission to the US Securities and Exchange Commission, Mattel said that 78% of its workers, or 27,500 people, were employed outside the United States.
In 2016, a joint report issued by AP Communications and Executive Compensation Data Company Equilar, the median compensation for Fortune 500 CEOs who had held that position for at least two years in 2016 increased by 5% year on year to 11.5 million He said it is dollar. . I found a year. In the absence of inflation, the CEO's compensation rose by 19.6% due to active stock markets
According to the data of the Supervisory Board of New York State and the Left Think Tank Policy Institute in Washington DC, the Wall Street bonus rose by 890% since 1985, seven times the federal minimum wage. In March 2017, Wall Street's average bonus increased by 1% to 138,210 dollars last year, more than twice the average household income in the United States.
The graph represents the salary disparity between the CEO and employees by keeping track of the ratio of CEO's remuneration to the salary of a representative employee. In 1965, the chief executive of a major US company gained 20 times more income than ordinary workers, but by 1989 the ratio rose to 59: 1, then recovered in the 1990s Did. 376 to 1 achieved Since 2000, two stock markets have collapsed, CEO-related wages have decreased, CEO's compensation has decreased. But by 2014 the stock market recovered all the value lost after the financial crisis of 2008 and the compensation ratio of the CEO and workers has returned to 302: 1. In 2015, stock market declines and the value of stock options associated therewith resulted in a decrease in CEO salaries. Therefore, the ratio of CEO to workers' salary decreased to 276: 1.
The chart at the top of the 201613 chart shows the difference between the current economy and the current economy.
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