Corporation’s success depends on the contributions of many people. If we are going to try to determine how much compensation the CEOs deserve given their contribution to their companies, this should be the test all the way down.
A new report from the Institute for Policy Studies analyzing worker and chief executive pay at the top government contractors and subsidy recipients found that the majority of CEOs at these firms rake in more than 100 times the median pay of their full-time employees.
More people are sharing more knowledge, at faster speeds and lower costs, than ever before. If speed has already begotten speed, then, it seems the most likely scenario is even more growth and acceleration going forward.