

We’ve made progress on a lot of things since the 1950s and so have CEOs -- in their quest for more money that is.




The Dodd-Frank financial reform law aimed to make it easier for the public to know how much CEOs are getting paid in comparison to their workers. The law includes a provision requiring public companies to disclose their CEO-to-worker pay ratios, but nearly three years after the law passed, the Securities and Exchange commission still hasn't put the rule in place, thanks in part to business opposition to the proposal, according to ABC News.

Sen. Robert Menendez (D-N.J.), who authored the provision told ABC last year: "It might embarrass some companies to reveal that they pay their CEO in the range of 400 times what they pay their typical worker."

It can be especially embarrassing when the CEO doesn't perform. Former J.C. Penney head Ron Johnson, whose compensation was 1,795 times the average worker pay, according to Bloomberg, was recently ousted from his post after failing to turn around the struggling company.



CEOs Who Get Paid Significantly More Than Their Employees