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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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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