Let’s consider for a moment what this really means…

If you read or watch the news it’s easy to find this information. <br><br>What this means is that 1 CEO makes 278 times more than his workers, which change every year. <br><br>Let’s see what other CEO’s make… (Let’s consider the median)<br><br>CEO of McDonald’s, (2.1 million)<br><br>CEO of Google (0.2 million, before stocks)<br><br>CEO of Tesla, (0)<br><br>CEO of Microsoft (1 million)<br><br>CEO of Amazon (25 million)<br><br>Medians CEO salary in the US (7.7 million)<br><br>Median household income in the US for 2023 (67k)<br><br>So if the median CEO for the median US company makes 277 times the median worker in the US, for the median company… (US median household income is 67k)<br><br> <br>CEO makes 18.6 million dollars<br><br> <br><br>CEO of McDonald’s, (2.1 million)<br><br>CEO of Google (0.2 million, before stocks)<br><br>CEO of Tesla, (0)<br><br>CEO of Microsoft (1 million)<br><br>CEO of Amazon (25 million)<br><br>Median CEO salary in the US (7.7 million)<br><br>12 major corporations CEO’s (not all companies obviously) <br>Only 3 CEO’s make more than 277 times their workers (300k a year for each employee)<br><br>&#x200B;<br><br>The median CEO doesn’t even make 277 times the median worker. <br><br>So for any statistic where a corporation pays 277 times the employee is statistically irrelevant to the median CEO for the median worker in the median company in the US. <br><br>&#x200B;<br><br>So… What does it mean? CEO’s make so much more money than employees because CEO’s are a rare breed, (not all can lead a company) and so they make more money. <br><br>How a company decides it’s own CEO is it’s own choice, it doesn’t make sense that if CEO’s make too much money it should be illegal. <br><br>There are exceptions to the rule, and this is one of them, CEO’s are the exception to the rule, when dealing with correlations. <br><br>Companies that make CEOs make 277 times the worker is statistically irrelevant, corporations have workers not households. Workers can be 1,2,3, or 10 in a household. <br><br>So while it’s easy to compare median household income in the US, median income for workers may be drastically different. <br><br>&#x200B;<br><br>So… What does it mean?<br><br>&#x200B;<br><br>One CEO makes 277 times more than his workers, which change every year.<br> <br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;<br><br>&#x200B;