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Data Sources:
Total executive compensation: 2005 data based on Wall Street Journal survey, April 10, 2006; all other years based on similar sample in Business Week annual compensation surveys (now discontinued). Includes: salary, bonus, restricted stock, payouts on other long-term incentives, and the value of options exercised.S&P 500 Index: Economic Report of the President, 2006 Table B-96; 1997, 2000 Table B-93; average of daily closing prices.Corporate Profits: U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, Table 6.16, with inventory valuation and capital consumption adjustments.Average worker pay: Based on U.S. Department of Labor, Bureau of Labor Statistics, Employment, Hours, and Earnings from the Current Employment Statistics Survey (average hourly earnings of production workers x average weekly hours of production workers x 52).Minimum wage: Lowest mandated federal minimum wage, nominal; U.S. Dept. of Labor, Employment Standards Administration, Wage and Hour Division.Adjustment for inflation: BLS, Average Annual CPI-U, all urban consumers, all items.
http://www.faireconomy.org/research/CEO_Pay_charts.html
http://www.faireconomy.org/research/CEO_Pay_charts.html
2 comments:
That is absolutly disgusting (looking at all the data and charts) how do CEO's sleep at night? I know they have workers who can't sleep at night because they toss and turn wondering how to keep the lights on.
Yes, it is disturbing. I had received that link from a friend of mine this morning with those stats.
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