WAGE Disparity INTRODUCTION INDEX. In recent decades, corporate CEOs have been taking a greater share of the economic pie while wages have stagnated and.

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Presentation transcript:

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

AAPL MSFT NKE JPM XOM 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. 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 PAY RATIO Apple, Inc. Computer Hardware & Software Employees as of 2014

AAPL MSFT NKE JPM XOM 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. 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 PAY RATIO Microsoft, Inc. Computer Software Employees as of 2014

AAPL MSFT NKE JPM XOM 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. 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 PAY RATIO Nike, Inc. Apparel, accessories Employees as of 2012

AAPL MSFT NKE JPM XOM 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. 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 PAY RATIO JP Morgan Chase Banking, financial services Employees 255,001 as of 2013

PAY RATIO AAPL MSFT NKE JPM XOM 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. 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 ExxonMobil Energy and Gas Employees as of 2013

COMPENSATION CHANGE 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.

HOME Wage disparity is demonstrated by the constant percentage change in annual compensation figures. 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.

INDEX HOME  INTRODUCTION  PROFITS PER EMPLOYEE  PAY RATIO  COMPENSATION ANNUAL CHANGE

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

AAPL MSFT NKE JPM XOM 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. 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 Apple, Inc. Computer Hardware & Software Employees as of 2014 INDEX

AAPL MSFT NKE JPM XOM 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. 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 Microsoft, Inc. Computer Software Employees as of 2014 INDEX

AAPL MSFT NKE JPM XOM 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. 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 Nike, Inc. Apparel, accessories Employees as of 2012 INDEX

AAPL MSFT NKE JPM XOM 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. 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 JP Morgan Chase Banking, financial services Employees 255,001 as of 2013 INDEX

AAPL MSFT NKE JPM XOM 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. 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 ExxonMobil Energy and Gas Employees as of 2013 INDEX

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

Wage disparity is demonstrated by the constant percentage change in annual compensation figures. 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. INDEX