CEO pay: 364 times more than workers

August 29, 2007
CEO pay: 364 times more than workers

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. But the comparison isn't exactly apples-to-apples, in part because IPS and UFE changed how they measured CEO options pay this year.