The Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or colloquially Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010.
Across all companies, the average CEO pay was $13.8 million per year, the average median worker pay was about $77,800, and the average ratio of CEO pay to median worker pay was 204. In other words, on average, CEOs earn around 204 times what his or her median worker earns.
The correct way to average averages is to take a weighted average. I will explain below, but first an example to show why you cannot add two averages and then divide by 2. The average CEO salary in the United States is $2,000,000 per year. The average non-CEO salary in the United States is $50,000 per year.