How much more should a CEO earn than his or her employee? The rates vary around the world, showing little consensus.
In recent years, U.S. CEO’s have seen their pay rise to 350 times that of the average worker. In the U.K., levels of pay aren’t far behind, but the conversation concerning executive compensation is far ahead.
Deborah Hargreaves, founding director of the High Pay Centre in London and a leading voice in that conversation, joins Marketplace Morning Report host David Brancaccio to discuss executive pay and what levels are best for business and the economy. Click on the audio player to hear more.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.