An earlier statistic on this website listed CEO pay as 120 to 130 times the average worker's pay. The difference lies in different methodology. Where We Stand considered the salary of the average CEO to be $543,000 a year, which is 17.5 times that of the average worker's pay of $31,000. However, Kevin Phillips included CEO fringe benefits and compensation as well as pay in his comparison; he also compared it to the average manufacturing wage, which is less than $31,000.

Clearly, full CEO pay and compensation is much greater than Where We Stand suggests. But even by their limited definition, the U.S. has the most unequal pay scale in the industrialized world.

Return to Overview