![]() ![]() The rationale was that these executives had "created wealth" for their shareholders. Yet CEO compensation rose at a rate of 8.5 percent annually, increasing by more than seven times in real terms during the period. Measured in real(1980) dollars, however, the compensation of the average worker rose just 0.3 percent per year, barely enough to maintain his or her standard of living. Over the past quarter-century, CEO compensation measured in current dollars rose nearly sixteen times over, while the compensation of the average worker slightly more than doubled. ![]() ![]() “In 1980, the compensation of the average chief executive officer was forty-two times that of the average worker by the year 2004, the ratio had soared to 280 times that of the average worker (down from an astonishing 531 times at the peak in 2000). ![]()
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