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Ratio of the average compensation of CEOs from the top 350 firms and production workers, 1965–2009. Source: Economic Policy Institute. 2012. Based on data from Wall Street Journal/Mercer, Hay Group 2010. [1] [2] In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries.
In 2017, the average CEOs of America's largest companies earned 312 times more than their typical worker, according to a Economic Policy Institute report.
McDonald’s (MCD) will raise hourly wages "by an average of 10 percent" for more than 36,5000 employees at more than 660 U.S. restaurants.
McDonald's will be raising the average wage for employees at company-owned restaurants across the U.S. over the next several months. The fast-food chain is also looking to hire an additional 10,000...
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. The typical worker's annual compensation grew just 11.9% within the same period. [5] It is the highest in the world in both absolute terms and relative to the median salary in the US ...
AP (Reuters) - McDonald's Corp (MCD.N) plans to raise the average pay of about 90,000 U.S. workers to around $10 an hour, but the increase will not benefit workers at the vast majority of the ...
Average wage is the mean salary of a group of workers.This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.