In 1960, the ratio of the average Fortune 500 CEO pay to the US president’s salary was 2 to 1. Today it is 30 to 1…The highest-paid CEO in 2004 was Terry Semel of Yahoo, with $230 million, or $630,000 a day. John Mackey, CEO of Whole Foods Markets, limits his pay to ≤14 times the pay of his average employee. The average CEO’s salary in the USA now is 475 times greater than the average worker’s salary; in Japan, it is 11 times greater; in France, 15 times; in Canada, 20; in South Africa, 21; and in Britain, 22. (Facts and Ideas From Anywhere: Pay of Chief Officers , 2006)
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