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burnshimself t1_j5mpzpu wrote

Reply to comment by No-Concert4588 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly

It’s the CEOs of the top 350 companies only, so basically CEOs of $100+ billion companies only. It’s not even the entire S&P500. Huge sample bias - obviously people running a $100 billion company are going to be high comped, and they are a highly highly successful group.

This data basically doesn’t apply to the standard small business or even a normal mid-to-large enterprise

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RealityIsMuchWorse t1_j5njnvr wrote

>obviously people running a $100 billion company are going to be high comped, and they are a highly highly successful group.

So you imply that there were no highly successful big companies in 1978?

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pookiedookie232 t1_j5myz3p wrote

"How dare you question my outrage!" - every child in an adult body on this sub

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