18 Jul, 2007

Published at 12:17PM

Tagged with life and statistics

This post has 0 comments

CEO vs. minimum-wage worker

Amie mentioned a statistic to me yesterday. It came from a nonprofit institution in New York that compiles an “injustice index” each year. Here is one of the injustice’s reported (for 2006):

The average CEO earns more before lunchtime than a full-time minimum-wage worker makes in 1 year. The ratio of the average U.S. CEO’s annual pay to a minimum-wage worker’s is 821:1—the highest ratio ever.

That just blew me away. I know CEO’s are important and all, but for that to be the average is just not right. I wonder how the money-makers in entertainment/sports compare to a minimum-wage worker? I’m sure it would make me sick, as well.

Comments

Do you have something to say about this post?
Retype the image to the right Spam Hint: Are You Human? Textile Formatting Tips

or

Ryan Heath | Site Management A Ruby on Rails production.

This site is a Formed Function. Formed Function LLC | @formedfunction | Get in Touch