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(OH) American minimum wage workers’ salary compared to CEOs

A faculty member wanted to know how many hours American workers worked a week, American worker productivity, hours of vacation, and average worker makes compared to a CEO. The average hours worked was found in the Statistical Abstract of the U.S., worker productivity, vacation days and extra hours was found in the Dobbs Report: The Perils of Productivity and the CEO salary was found on Congressman Bernie Sander’s website (retrieved 7/13/2004).

According to the Congressman’s website, in 1980 the average CEO pay was 97 times larger than the pay of a minimum wage worker. In 1998 the average CEO pay was 989 times larger. Today, the CEO only has to work two hours to earn as much as a minimum wage worker earns in an entire year. The spread is amazing.

The faculty member was pleased with the above information. She said, thank you so very much for this information. It is exactly what I needed. You make my work so much easier!

Mae N. Schreiber
Associate Professor of Bibliography
University of Akron, Bierce Library
Akron, Ohio

CC BY-NC-SA 4.0 This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

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