STLtoday.com
[Print] [Close]
08.30.2008 11:11 am
CEO pay
Jim Gallagher
St. Louis Post-Dispatch

A line in BusinessWeek caught my eye, and might provoke some discussion this Labor Day weekend.  “3 hours:  Approximate time that an S&P 500 CEO had to work in 2007 to earn what a minimum-wage worker earned for the full year.”

The S&P 500 is a stock index that includes America’s largest publicly-held corporations.  BusinessWeek tells us that the CEOs at such a companies were paid more than $4,000 per hour.


Article printed from The Platform: http://www.stltoday.com/blogzone/the-platform

URL to article: http://www.stltoday.com/blogzone/the-platform/editorial-writers-notebooks/2008/08/ceo-pay/

If you enjoy reading about interesting news, you might like the 3 O'Clock Stir from
STLtoday.com. Sign up and you'll receive an email with unique stories of the day,
every Monday-Friday, at no charge.
Sign up at http://www.stltoday.com/newsletters/