Tuesday, 18 April 2000
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Many CEOs make more in a year than their employees will make in a lifetime. Last year, the average CEO of a major corporation earned $12.4 million, including salary, bonus and other compensation such as exercised stock options, according to Business Week's latest survey of executive pay. That's $34,000 a day including Saturdays and Sundays.
While average workers are still digging their way out after years of falling real wages, CEOs are soaring to heights once reserved for a handful of robber barons.
This is Worker-CEO Earnings Gap Grows Wider <http://monkeyfist.com/articles/457>