Chief Executive Officers of big US corporations on an average earn $ 430 for each $ 1 earned by a normal US worker. Almost 26 years back this equation was around $ 10 for every $ 1 earned by an average US worker. Even as the global economy has undergone a massive change but this ever increasing gap is a bit difficult to digest.
These hefty amounts to CEOs are of course being paid by the share holders of the company or corporations. The company in its incomprehensible financial statement present these expenditure in a manner that leave even sophisticated share holders confused.
This irrational excess payment to CEOs definitely indicates toward increasing lack of answerability. And the marginalized average US workers are shocked to the fact and feel helpless by corporate incessant system of self-enrichment.
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CEOs hefty pay packages raise serious issues
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