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WAGE Disparity INTRODUCTION INDEX
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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
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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 2013. PAY RATIO Apple, Inc. Computer Hardware & Software Employees 98.000 as of 2014
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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 2013. PAY RATIO Microsoft, Inc. Computer Software Employees 128.076 as of 2014
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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 2013. PAY RATIO Nike, Inc. Apparel, accessories Employees 44.000 as of 2012
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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 2013. PAY RATIO JP Morgan Chase Banking, financial services Employees 255,001 as of 2013
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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 2013. ExxonMobil Energy and Gas Employees 75.000 as of 2013
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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.
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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.
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INDEX HOME INTRODUCTION PROFITS PER EMPLOYEE PAY RATIO COMPENSATION ANNUAL CHANGE
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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
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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 2013. Apple, Inc. Computer Hardware & Software Employees 98.000 as of 2014 INDEX
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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 2013. Microsoft, Inc. Computer Software Employees 128.076 as of 2014 INDEX
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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 2013. Nike, Inc. Apparel, accessories Employees 44.000 as of 2012 INDEX
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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 2013. JP Morgan Chase Banking, financial services Employees 255,001 as of 2013 INDEX
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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 2013. ExxonMobil Energy and Gas Employees 75.000 as of 2013 INDEX
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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
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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
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