MP3RealAudioCEO Salaries Out of Whack?
Weekday, NPR Seattle
KUOW-FM 94.9
Hosted by Steve Scher
January 4, 2004
CEOs took up to 411 slices of wage pie for every piece going to the average worker in 2005. That's a jump from 1980 when the ratio was 42 to 1. And the latest census shows a drop in median household income. So with Labor Day just around the corner, we ask: what's up with wages? Are CEOs and the top one percent worth what they're paid? Has your salary skyrocketed in recent years? Or not? Call in with your salary stories and questions.
| Guests: | ||
| John Cavanagh | directs the Institute for Policy Studies in the other Washington. | |
| Xavier Gabaix | is associate professor of economics at the Massachusetts Institute of Technology and the co-author of a recent article, "Why has CEO pay increased so much?" | |
| Lucian Bebchuk | is Professor of Law, Economics, and Finance and Director of the Program on Corporate Governance at Harvard Law School. He's also the author of Pay Without Promise: The Unfulfilled Promise of Executive Compensation. | |
This broadcast is also available at www.kuow.org/programs/weekday.asp
