<story><title>US bosses now earn 312 times the average worker&apos;s wage</title><url>https://www.theguardian.com/business/2018/aug/16/ceo-versus-worker-wage-american-companies-pay-gap-study-2018</url></story><parent_chain><item><author>jandrewrogers</author><text>This is only the 350 highest paid CEOs in the US -- there are &amp;gt;50k enterprises of substantial size in the US. The &lt;i&gt;median&lt;/i&gt; pay for CEOs per the government is less than many medical professionals. Some CEOs receive lavish compensation but &lt;i&gt;most&lt;/i&gt; work for wages of a Silicon Valley software engineer.&lt;p&gt;I&amp;#x27;d much rather work as a software engineer than a CEO.</text></item></parent_chain><comment><author>gonvaled</author><text>You should also consider:&lt;p&gt;1) The percent of income that those 350 CEOs have of the whole employee&amp;#x27;s income.&lt;p&gt;And more importantly:&lt;p&gt;2) The percent of wealth that those 350 CEOs have, compared to the whole US population.&lt;p&gt;And even more importantly:&lt;p&gt;3) How is wealth distributed in the US? Those CEOs are probably outclassed by other categories.&lt;p&gt;All this to say that trickle down does not work, at all.</text></comment>
<story><title>US bosses now earn 312 times the average worker&apos;s wage</title><url>https://www.theguardian.com/business/2018/aug/16/ceo-versus-worker-wage-american-companies-pay-gap-study-2018</url></story><parent_chain><item><author>jandrewrogers</author><text>This is only the 350 highest paid CEOs in the US -- there are &amp;gt;50k enterprises of substantial size in the US. The &lt;i&gt;median&lt;/i&gt; pay for CEOs per the government is less than many medical professionals. Some CEOs receive lavish compensation but &lt;i&gt;most&lt;/i&gt; work for wages of a Silicon Valley software engineer.&lt;p&gt;I&amp;#x27;d much rather work as a software engineer than a CEO.</text></item></parent_chain><comment><author>baursak</author><text>The BLS statistic isn&amp;#x27;t filtering by enterprise size. Does it include self-employed guys who registered a company and named themselves CEO?</text></comment>