Figure A

Ratio of restaurant CEO pay to the minimum wage rose from 637-to-1 to 916-to-1 between 2006–2015: Restaurant CEO-to-minimum wage worker pay ratio, 2006–2015

Year Restaurant CEO-to-minimum wage worker pay ratio
2006 564.0868
2007 509.4274
2008 229.073
2009 409.2753
2010 343.0714
2011 446.4802
2012 779.5444
2013 712.0279
2014 563.8795
2015 915.7566
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Note: Restaurant CEO annual compensation is computed using salary, bonus, restricted stock grants, options exercised, and long-term incentive payouts for CEOs at firms in the food services and drinking places industry. Minimum wage worker pay is the value of annual pay for a full-time, full-year worker working at the national minimum wage. The sample is limited to firms for which data was available in 2015.

Source: Authors' analysis of U.S. Department of Labor Wage and Hour Division and Compustat's Execucomp database

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