Growth of relative CEO compensation and college wages, 1979–2013
Ratio | Log ratio | |||||
---|---|---|---|---|---|---|
CEO compensation to: | College wages to: | CEO compensation to: | College wages to: | |||
Top 0.1% households | Top 0.1% wage earners | High school hourly wages | Top 0.1% households | Top 0.1% wage earners | High school hourly wages | |
1979 | 1.18 | 3.26 | 1.40 | 0.164 | 1.183 | 0.338 |
1989 | 1.14 | 2.63 | 1.57 | 0.129 | 0.967 | 0.454 |
1993 | 1.56 | 3.05 | 1.63 | 0.443 | 1.115 | 0.488 |
2000 | 2.90 | 7.77 | 1.75 | 1.064 | 2.050 | 0.557 |
2007 | 1.49 | 4.36 | 1.76 | 0.397 | 1.473 | 0.568 |
2010 | 2.04 | 4.85 | 1.77 | 0.712 | 1.579 | 0.574 |
2013 | 2.54 | 5.84 | 1.82 | 0.933 | 1.765 | 0.598 |
Change | ||||||
1979–2007 | 0.31 | 1.10 | 0.36 | 0.23 | 0.29 | 0.23 |
1979–2013 | 1.36 | 2.58 | 0.42 | 0.77 | 0.58 | 0.26 |
1989–2013 | 1.41 | 3.21 | 0.24 | 0.80 | 0.80 | 0.14 |
Source: Authors' analysis of Kaplan (2012b) and Mishel et al. (2012, Table 4.8)