According to the EPI, CEO compensation, including stock options, was 20% higher than that of their workers in 1969. The ratio widened to 30-1 in 1978 and 58-1 in 1989. Now, the liberal think tank reckons CEO’s earn on average 278 times more than what it loosely describes as the “typical” worker.
“From 1978 to 2018, inflation-adjusted compensation based on realized stock options of the top CEOs increased 940.3%. …substantially greater than the painfully slow 11.9% growth in a typical worker’s annual compensation over the same period”, the study estimates.