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Cap corporate pay: the maximum wage.

Created by J.P. on October 07, 2011

The Problem: At present, C-level positions, especially CEO's in publically traded companies make significantly more money than the average employee. Depending on the statistic being reported, this value can be anywhere between 263:1 to 450+:1. In the world as a whole, the average CEO to average worker pay is closer to 20:1. Many jobs could hire thousands more entry level employees off of a portion of a CEO's pay.

Solution: A publically traded corporation should be limited to reaching a maximum 30:1 ratio pay of the CEO when compared to the average worker. This would still leave the U.S. a competitive edge in hiring CEOs while ensuring that more of corporation's funds go to creating more jobs.

Economy & Jobs
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