The average CEO of a large U.S. company made roughly $10.8 million last year, or 364 times that of U.S. full-time and part-time workers, who made an average of $29,544, according to a joint analysis released Wednesday by the liberal Institute for Policy Studies and United for a Fair Economy.That gap is down from 411 times in 2005 and well-below the record high of 525 times recorded in 2000.
Not to be weird- but how do people survive on $29,000 a year? I'm serious. I'm not paying rent right now and I don't think I can swing that. After taxes, that is $1900 per month- which breaks down to $966.00 bi-weekly.
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