sillychillly

sillychillly OP t1_j5mi9mo wrote

Reply to comment by highvelocityfish in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly

Good question!

"We focus on the average compensation of CEOs at the 350 largest publicly owned U.S. firms (i.e., firms that sell stock on the open market) by revenue. Our source of data is the S&P Compustat ExecuComp database for the years 1992 to 2021 and survey data published by The Wall Street Journal for selected years back to 1965. We maintain the sample size of 350 firms each year when using the Compustat ExecuComp data"

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sillychillly OP t1_j1g9qjn wrote

Reply to comment by DeadNotSleeping86 in Inequality in annual earnings worsens in 2021: Top 1% of earners get a larger share of the earnings pie while the bottom 90% lose ground by sillychillly

The data shows a disproportionate amount of wealth increasing for people the richest among us.

That’s the issue.

It’s fine for everyone’s life to get exponentially better. But it’s not cool when a small percentage of people are becoming obscenely more wealthy while most people become poorer

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