sillychillly
sillychillly OP t1_j5mifog wrote
Reply to comment by bigloser42 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
I agree! I'd like something like a top executive to lowest paid worker compensation ratio balance requirement.
sillychillly OP t1_j5mi9mo wrote
Reply to comment by highvelocityfish in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Good question!
"We focus on the average compensation of CEOs at the 350 largest publicly owned U.S. firms (i.e., firms that sell stock on the open market) by revenue. Our source of data is the S&P Compustat ExecuComp database for the years 1992 to 2021 and survey data published by The Wall Street Journal for selected years back to 1965. We maintain the sample size of 350 firms each year when using the Compustat ExecuComp data"
sillychillly OP t1_j5lwtjy wrote
Reply to comment by No-Concert4588 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
Good question!
“For the pay of the typical worker, we use average compensation (wages and salaries plus benefits) of a full-time, full-year production or nonsupervisory worker (a group that makes up about 80% of the private-sector workforce).”
sillychillly OP t1_j1gjqqu wrote
Reply to comment by JohnCocktoastener in Inequality in annual earnings worsens in 2021: Top 1% of earners get a larger share of the earnings pie while the bottom 90% lose ground by sillychillly
Inflation has outpaced many people working class wages. It’s not just this years inflation, it’s inflation overtime
sillychillly OP t1_j1gfjec wrote
Reply to comment by Intoxinator in Inequality in annual earnings worsens in 2021: Top 1% of earners get a larger share of the earnings pie while the bottom 90% lose ground by sillychillly
It literally is showing the number of people in each category :) haha
That’s what the percentiles represent
sillychillly OP t1_j1g9qjn wrote
Reply to comment by DeadNotSleeping86 in Inequality in annual earnings worsens in 2021: Top 1% of earners get a larger share of the earnings pie while the bottom 90% lose ground by sillychillly
The data shows a disproportionate amount of wealth increasing for people the richest among us.
That’s the issue.
It’s fine for everyone’s life to get exponentially better. But it’s not cool when a small percentage of people are becoming obscenely more wealthy while most people become poorer
sillychillly OP t1_j5niljy wrote
Reply to comment by No-Concert4588 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly
I’m pretty sure that’s all in there.
These stats are specifically for the top 350 public companies in the US