It Would Take a Typical Worker 169 Years to Amass a CEOs Salary A typical CEO at
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It Would Take a Typical Worker 169 Years to Amass a CEO’s Salary A typical CEO at one of the biggest U.S. companies earned $12.3 million last year. It would take two lifetimes for the typical employee to earn what their CEO did in one year. Lisa Su of Advanced Micro Devices, who earned $58.5 million, topped the list.
a. Why are CEOs paid so much more than their workers?
b. As globalization has increased the CEO talent pool, how do you think the world Gini ratio might have changed?
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a There are several reasons why CEOs are paid significantly more than their regular employees 1 Skills and Responsibilities The CEO is the most senior ...View the full answer
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