Big-Time Pay . . .

LAST year, 58 CEOs of U.S. public companies were paid more than $20 million each. Can any one person ever be worth that much money?

The widening gap between CEO and worker pay makes these huge paychecks even harder to swallow. The median ratio of senior-executive to worker pay has grown from about 20 to 1 in 1970 to about 100 to 1 in 2005. Even worse, many workers believe that their real wage growth is slowing and their job security is low and dropping.

About the Author

Jim Manzi

Jim Manzi is CEO of Applied Predictive Technologies (APT), an applied artificial intelligence software company.

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LAST year, 58 CEOs of U.S. public companies were paid more than $20 million each. Can any one person ever be worth that much money?

The widening gap between CEO and worker pay makes these huge paychecks even harder to swallow. The median ratio of senior-executive to worker pay has grown from about 20 to 1 in 1970 to about 100 to 1 in 2005. Even worse, many workers believe that their real wage growth is slowing and their job security is low and dropping.