CEO compensation relative to top 0.1% earners is much higher than it was in the 1951–1979 period: Ratio of CEO compensation to top 0.1% wages, 1951–2022
year | Ratio of CEO pay to top 0.1% wages | 1951–1979 average ratio: 3.61 |
---|---|---|
1951 | 3.38 | 3.61 |
1952 | 3.27 | 3.61 |
1953 | 3.62 | 3.61 |
1954 | 3.92 | 3.61 |
1955 | 3.93 | 3.61 |
1956 | 3.80 | 3.61 |
1957 | 4.29 | 3.61 |
1958 | 4.14 | 3.61 |
1959 | 4.83 | 3.61 |
1960 | 3.55 | 3.61 |
1961 | 4.04 | 3.61 |
1962 | 4.14 | 3.61 |
1963 | 4.26 | 3.61 |
1964 | 3.86 | 3.61 |
1965 | 3.65 | 3.61 |
1966 | 3.45 | 3.61 |
1967 | 3.50 | 3.61 |
1968 | 3.47 | 3.61 |
1969 | 3.50 | 3.61 |
1970 | 3.26 | 3.61 |
1971 | 3.25 | 3.61 |
1972 | 3.33 | 3.61 |
1973 | 3.06 | 3.61 |
1974 | 2.96 | 3.61 |
1975 | 2.54 | 3.61 |
1976 | 2.60 | 3.61 |
1977 | 2.68 | 3.61 |
1978 | 3.36 | 3.61 |
1979 | 3.84 | 3.61 |
1980 | 3.10 | 3.61 |
1981 | 3.39 | 3.61 |
1982 | 3.12 | 3.61 |
1983 | 3.20 | 3.61 |
1984 | 2.93 | 3.61 |
1985 | 3.56 | 3.61 |
1986 | 3.31 | 3.61 |
1987 | 3.02 | 3.61 |
1988 | 2.72 | 3.61 |
1989 | 2.95 | 3.61 |
1990 | 3.10 | 3.61 |
1991 | 3.57 | 3.61 |
1992 | 3.26 | 3.61 |
1993 | 3.62 | 3.61 |
1994 | 4.79 | 3.61 |
1995 | 4.59 | 3.61 |
1996 | 6.19 | 3.61 |
1997 | 6.50 | 3.61 |
1998 | 7.06 | 3.61 |
1999 | 7.11 | 3.61 |
2000 | 8.94 | 3.61 |
2001 | 8.62 | 3.61 |
2002 | 7.40 | 3.61 |
2003 | 6.75 | 3.61 |
2004 | 6.36 | 3.61 |
2005 | 5.99 | 3.61 |
2006 | 6.17 | 3.61 |
2007 | 5.17 | 3.61 |
2008 | 5.45 | 3.61 |
2009 | 5.60 | 3.61 |
2010 | 5.82 | 3.61 |
2011 | 6.38 | 3.61 |
2012 | 8.41 | 3.61 |
2013 | 8.00 | 3.61 |
2014 | 7.63 | 3.61 |
2015 | 7.55 | 3.61 |
2016 | 7.13 | 3.61 |
2017 | 7.19 | 3.61 |
2018 | 7.08 | 3.61 |
2019 | 7.81 | 3.61 |
2020 | 8.68 | 3.61 |
2021 | 7.68 | 3.61 |
Note: Wages of top 0.1% of wage earners reflect W-2 annual earnings, which includes the value of exercised stock options and vested stock awards.
Source: Authors’ analysis of EPI State of Working America Data Library data on top 0.1% wages in Mishel and Kandra 2020 and data on CEO compensation from an extrapolation of Kaplan’s (2012b) CEO compensation series.