How much more does your average American CEO make than you? In 2011, the average CEO of a company large enough to be listed in the Standard & Poor's Index was paid 380 times what his employees earned. That number is astounding for two reasons:- First, it's really big.
- Second, according to the folks at the AFL-CIO's Executive Paywatch site, it's about nine times bigger than the gap that yawned between CEO compensation and average worker pay just 30 years ago.
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Fat CEO Paychecks to Get a Hefty Trim in France originally appeared on DailyFinance.com on 2012-07-10T08:19:00Z.
