CEO compensation relative to top 0.1% earners is much higher than it was in the 1947–1979 period: Ratio of CEO compensation to top 0.1% wages, 1947–2019
Year | Ratio of CEO pay to top 0.1% wages | 1947–1979 average ratio: 3.18 |
---|---|---|
1947 | 3.54 | 3.18 |
1948 | 3.14 | 3.18 |
1949 | 3.55 | 3.18 |
1950 | 3.02 | 3.18 |
1951 | 3.02 | 3.18 |
1952 | 2.95 | 3.18 |
1953 | 3.29 | 3.18 |
1954 | 3.42 | 3.18 |
1955 | 3.44 | 3.18 |
1956 | 3.40 | 3.18 |
1957 | 3.79 | 3.18 |
1958 | 3.79 | 3.18 |
1959 | 4.23 | 3.18 |
1960 | 3.26 | 3.18 |
1961 | 3.54 | 3.18 |
1962 | 3.55 | 3.18 |
1963 | 3.65 | 3.18 |
1964 | 3.41 | 3.18 |
1965 | 3.32 | 3.18 |
1966 | 3.14 | 3.18 |
1967 | 3.09 | 3.18 |
1968 | 3.02 | 3.18 |
1969 | 3.10 | 3.18 |
1970 | 3.00 | 3.18 |
1971 | 2.85 | 3.18 |
1972 | 2.93 | 3.18 |
1973 | 2.72 | 3.18 |
1974 | 2.70 | 3.18 |
1975 | 2.29 | 3.18 |
1976 | 2.33 | 3.18 |
1977 | 2.43 | 3.18 |
1978 | 2.82 | 3.18 |
1979 | 3.26 | 3.18 |
1980 | 2.76 | 3.18 |
1981 | 2.98 | 3.18 |
1982 | 2.79 | 3.18 |
1983 | 2.79 | 3.18 |
1984 | 2.57 | 3.18 |
1985 | 3.12 | 3.18 |
1986 | 2.92 | 3.18 |
1987 | 2.62 | 3.18 |
1988 | 2.38 | 3.18 |
1989 | 2.63 | 3.18 |
1990 | 2.75 | 3.18 |
1991 | 3.12 | 3.18 |
1992 | 2.84 | 3.18 |
1993 | 3.05 | 3.18 |
1994 | 3.99 | 3.18 |
1995 | 4.11 | 3.18 |
1996 | 5.50 | 3.18 |
1997 | 5.28 | 3.18 |
1998 | 5.91 | 3.18 |
1999 | 6.03 | 3.18 |
2000 | 7.77 | 3.18 |
2001 | 6.88 | 3.18 |
2002 | 6.10 | 3.18 |
2003 | 5.40 | 3.18 |
2004 | 5.28 | 3.18 |
2005 | 5.00 | 3.18 |
2006 | 5.18 | 3.18 |
2007 | 4.36 | 3.18 |
2008 | 4.56 | 3.18 |
2009 | 4.61 | 3.18 |
2010 | 4.85 | 3.18 |
2011 | 5.31 | 3.18 |
2012 | 7.13 | 3.18 |
2013 | 6.62 | 3.18 |
2014 | 6.50 | 3.18 |
2015 | 6.28 | 3.18 |
2016 | 5.91 | 3.18 |
2017 | 6.10 | 3.18 |
2018 | 6.04 | 3.18 |
2019 | 6.44 | 3.18 |
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.