Question: CEO pay is a 'hot button' issue in many countries today. The average CEO's pay is 183 times that of the average employee. In 1965
CEO pay is a 'hot button' issue in many countries today. The average CEO's pay is 183 times that of the average employee. In 1965 this average was 20 times. Your book indicates this ratio is 135 in Australia and 73 for the Netherlands. Some companies have frozen executive pay and are migrating to tying pay to performance and awarding performance stock awards and bonuses. Based on the presumption that there is a pay imbalance between CEO's and workers, how might this imbalance be addressed (made more reasonable)?
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