WAGE Disparity
INTRODUCTION
INDEX
In recent decades, corporate CEOs have
been taking a greater share of the economic
pie while wages have stagnated and
unemployment remains high.
Highly paid CEOs of low-wage employers
are fueling this growing economic inequality.
As the economy is evolving from the past
recession still wage disparity is increasing.
Corporation share their profits only with top
executives.
PROFITS per EMPLOYEE
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
450,000.00
400,000.00
350,000.00
300,000.00
250,000.00
200,000.00
150,000.00
100,000.00
50,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
Apple, Inc.
Computer Hardware & Software
Employees 98.000 as of 2014
PAY RATIO
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
160,000.00
140,000.00
120,000.00
100,000.00
80,000.00
60,000.00
40,000.00
20,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
Microsoft, Inc.
Computer Software
Employees 128.076 as of 2014
PAY RATIO
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
14,000.00
12,000.00
10,000.00
8,000.00
6,000.00
4,000.00
2,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
0.00
2009
AAPL
2010
MSFT
2011
2012
NKE
JPM
2013
XOM
Nike, Inc.
Apparel, accessories
Employees 44.000 as of 2012
PAY RATIO
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
45,000.00
40,000.00
35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00
5,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
0.00
2009
AAPL
2010
MSFT
2011
2012
NKE
JPM
2013
XOM
JP Morgan Chase
Banking, financial services
Employees 255,001 as of 2013
PAY RATIO
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
600,000.00
500,000.00
400,000.00
300,000.00
200,000.00
100,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
ExxonMobil
Energy and Gas
Employees 75.000 as of 2013
PAY RATIO
500
450
400
350
300
250
200
150
100
50
0
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
In 2000 and 2007 the CEO-to-worker pay ratio was 438:1 and 424:1
and the CEO-to-minimum-wage-worker pay ratio was 774:1.
Both time frames represent the peaks of economical bubbles. Ironically
inequalities increase in a period of economical upturn.
COMPENSATION CHANGE
60.00%
40.00%
30.00%
20.00%
10.00%
-10.00%
-20.00%
-30.00%
-40.00%
-50.00%
HOME
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
0.00%
1996
It can be noticed that a worker
annual salary (green line) is
affected by a slight percentage
change, this due to the
increasing rate of inflation. On
the other hand a CEO
compensation (blue line) is
affected by enormous annual
percentage
changes,
constantly
increasing
the
inequality in the pay ratio.
50.00%
1995
Wage disparity is demonstrated
by the constant percentage
change
in
annual
compensation figures.
INDEX
1 INTRODUCTION
2 PROFITS PER
EMPLOYEE
3 PAY RATIO
4 COMPENSATION
ANNUAL CHANGE
HOME
In recent decades, corporate CEOs have
been taking a greater share of the economic
pie while wages have stagnated and
unemployment remains high.
Highly paid CEOs of low-wage employers
are fueling this growing economic inequality.
As the economy is evolving from the past
recession still wage disparity is increasing.
Corporation share their profits only with top
executives.
INDEX
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
450,000.00
400,000.00
350,000.00
300,000.00
250,000.00
200,000.00
150,000.00
100,000.00
50,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
Apple, Inc.
Computer Hardware & Software
Employees 98.000 as of 2014
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
INDEX
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
160,000.00
140,000.00
120,000.00
100,000.00
80,000.00
60,000.00
40,000.00
20,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
Microsoft, Inc.
Computer Software
Employees 128.076 as of 2014
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
INDEX
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
14,000.00
12,000.00
10,000.00
8,000.00
6,000.00
4,000.00
2,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
0.00
2009
AAPL
2010
MSFT
2011
2012
NKE
JPM
2013
XOM
Nike, Inc.
Apparel, accessories
Employees 44.000 as of 2012
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
INDEX
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
45,000.00
40,000.00
35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00
5,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
0.00
2009
AAPL
2010
MSFT
2011
2012
NKE
JPM
2013
XOM
JP Morgan Chase
Banking, financial services
Employees 255,001 as of 2013
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
INDEX
Even as companies argue
that they can’t afford to raise
wages, the nation’s largest
companies
are
earning
higher profits per employee
than they did five years ago.
600,000.00
500,000.00
400,000.00
300,000.00
200,000.00
100,000.00
In 2013, the S&P 500 Index
companies earned $41,249
in profits per employee, a
38% increase.
0.00
2009
AAPL
2010
2011
2012
2013
MSFT
NKE
JPM
XOM
ExxonMobil
Energy and Gas
Employees 75.000 as of 2013
While CEO pay remains in
the stratosphere, production
and nonsupervisory workers
took home only $35,239 on
average in 2013.
INDEX
500
450
400
350
300
250
200
150
100
50
0
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
In 2000 and 2007 the CEO-to-worker pay ratio was 438:1 and 424:1
and the CEO-to-minimum-wage-worker pay ratio was 774:1.
Both time frames represent the peaks of economical bubbles. Ironically
inequalities increase in a period of economical upturn.
INDEX
60.00%
40.00%
30.00%
20.00%
10.00%
-10.00%
-20.00%
-30.00%
-40.00%
-50.00%
INDEX
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
0.00%
1996
It can be noticed that a worker
annual salary (green line) is
affected by a slight percentage
change, this due to the
increasing rate of inflation. On
the other hand a CEO
compensation (blue line) is
affected by enormous annual
percentage
changes,
constantly
increasing
the
inequality in the pay ratio.
50.00%
1995
Wage disparity is demonstrated
by the constant percentage
change
in
annual
compensation figures.