Sentences with phrase «chief executives of these companies average»
According to The American Federation of Labor and Congress of Industrial Organizations, chief executives of these companies average a salary some 380 times greater than that of their typical worker.
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The Securities and Exchange Commission on Wednesday made waves in approving 3 - 2 a rule that will require most public companies to regularly disclose the ratio of chief executive pay to that of the average employee.
The Productivity Commission reported in 2009 that the chief executives of ASX 100 companies had seen their annual compensation rise from an average of $ 1 million in 1993 (representing 17 times average earnings) to $ 3m in 2009 (42 times average earnings).
Dr Cable added: «I just find it utterly nauseating all these chairmen and chief executives of FTSE 100 companies being paid 100 times the pay of their average employees lecturing us on how we should run the country.
«In 1980 a chief executive of a FTSE 100 company earned about 25 times the average pay — the average pay — of his or her employees.
CEOs at top U.S. companies earn an average of $ 13.3 million per year (using 2004 — 2006 data), compared to $ 6.6 million for European chief executives and $ 1.5 million for CEOs in Japan.