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The 1,085% Increase in CEO Pay: A Problem of Too Many Zeros
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In the episode we explore CEO Pay - misaligned from performance and multiples above CEO pay of comparable non-US companies. From 1978 to 2023, CEO pay increased by 1,085%. During that span of time average worker pay increased 24%. By 2023 the ratio of CEO pay to average worker pay reached 290:1. The increased in CEO pay corresponds with the increasing share of wealth of the top .1% of households and growing income inequality.
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