The real unfairness isn’t that CEOs can work remotely if they choose, but that the average CEO earns about 400 to 500 times more than the typical employee!

5 comments

1. I don’t think 400-500x is anywhere near true. The article also doesn’t say that.

   If average employee salaries are $60K (very low for a large corporate), that means you think the CEO is getting paid $30M. That’s like the top ~50 CEOs in the world who get paid that much. The vast majority nowhere near that.

2. Much of this is due to consolidation. Its really hard to say that larger firms shouldn’t pay their CEOs more.

   From a paper by the NBER – “While previous papers attribute this trend to incentive concerns or managerial entrenchment, we show that it can be explained by the scarcity of CEO talent, competitive forces and the six-fold increase in firm size over the same period.”

3. Heard this stat somewhere:

   Since 1978 the average US worker has had their pay increased by 18%, while the average CEO has had their pay increased by 1400%.

4. There is millions of workers, thousands with CEO skills , tens with exceptionally good CEO skills

5. It’s both

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