– $15.00/hour in 2023
– $15.60/hour in 2024
– $16.08/hour in 2025
based on the following conditions:
– At least 50% of the US average wage.
– At least 60% of the US median wage.
– At least 100% of the US povery line for a family of 4 based on 2000 hours of work.
Every time you don’t scale an axis to zero, you’re lying
The legal minimum wage is irrelevant when the effective market minimum wage is so much higher ($15+ in most places). You’re comparing it to the market CEO compensation, so use market numbers for entry level wages. Technically the CEO “minimum wage” is $7.25 an hour as well, but that’s irrelevant, because that’s not what the market is paying.
now include the graph that shows the actual number of people earning minimum wage…
What is included in CEO salary? What dataset was used?
Odd way of showing it. Reality though is we shouldn’t have any minimum wage. It is a good thing that it is now low enough that it almost doesn’t matter anymore as nearly every employee makes more.
CEO multiple vs medium for the company is a valid concern. Minimum is a distraction.
So are you trying to say that, while the minimum wage has gone up by 7.5x, CEO pay has only gone up by 5x…because that’s how the data reads, but the shape of the charts cause the reader to drive a different conclusion at first glance until they digest the numbers.
For this to really beautiful you should find a way to overlay this
huh. turns out I shoulda been a CEO
Well damn… those are two very different graphs there.
How do you compensate for any growth in the size of a company a CEO is responsible for?
Ie, if the number of companies has decreased but gotten larger in personell and income, then CEO pay would naturally be expected to increase
Luigi few more CEOs and make laws enforced 55% of profits go to workers
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Source: [https://www.epi.org/publication/ceo-pay-in-2020/](https://www.epi.org/publication/ceo-pay-in-2020/)
What the minimum wage actually should be:
– $15.00/hour in 2023
– $15.60/hour in 2024
– $16.08/hour in 2025
based on the following conditions:
– At least 50% of the US average wage.
– At least 60% of the US median wage.
– At least 100% of the US povery line for a family of 4 based on 2000 hours of work.
Every time you don’t scale an axis to zero, you’re lying
The legal minimum wage is irrelevant when the effective market minimum wage is so much higher ($15+ in most places). You’re comparing it to the market CEO compensation, so use market numbers for entry level wages. Technically the CEO “minimum wage” is $7.25 an hour as well, but that’s irrelevant, because that’s not what the market is paying.
now include the graph that shows the actual number of people earning minimum wage…
[https://www.statista.com/statistics/188199/wage-and-salary-workers-paid-hourly-rates-at-minimum-wage-since-1979/](https://www.statista.com/statistics/188199/wage-and-salary-workers-paid-hourly-rates-at-minimum-wage-since-1979/)
What is included in CEO salary? What dataset was used?
Odd way of showing it. Reality though is we shouldn’t have any minimum wage. It is a good thing that it is now low enough that it almost doesn’t matter anymore as nearly every employee makes more.
CEO multiple vs medium for the company is a valid concern. Minimum is a distraction.
So are you trying to say that, while the minimum wage has gone up by 7.5x, CEO pay has only gone up by 5x…because that’s how the data reads, but the shape of the charts cause the reader to drive a different conclusion at first glance until they digest the numbers.
For this to really beautiful you should find a way to overlay this
huh. turns out I shoulda been a CEO
Well damn… those are two very different graphs there.
How do you compensate for any growth in the size of a company a CEO is responsible for?
Ie, if the number of companies has decreased but gotten larger in personell and income, then CEO pay would naturally be expected to increase
Luigi few more CEOs and make laws enforced 55% of profits go to workers
Comments are closed.