U.S. CEOs earn in a day what workers make in a year

The gap between rich and poor is widening. An example from the USA, is that a CEO makes in one day, what a worker makes in an entire year.

Chief executive officers of big U.S. companies earned roughly as much each day last year as the average American production worker did in 12 months, according to a study published Wednesday by advocates of a higher U.S. minimum wage.

The CEOs were paid an average $10.8 million US — including salaries, bonuses and stock options— or more than 364 times the average worker's $29,544, the authors say.

Details in the Executive Excess report.

Via the CBC.

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