Wage ratio

In the US "an April 2013 study by Bloomberg finds that large public company CEOs were paid an average of 204 times the compensation of rank-and-file workers in their industries.

[9] The Mondragon Corporation, a worker-owned cooperative headquartered in the Basque Country, has an internal wage ratio at an average of 5:1, periodically decided with a democratic vote.

[11][12] United Kingdom: In 2017, the Leader of the Opposition Jeremy Corbyn called for an enforced maximum wage ratio of 20:1 between the highest-paid executive and the lowest-paid employee for any company awarded a government contract.

A similar call had previously been made by Prime Minister David Cameron in 2010 for the public sector.

[13][14] United States: In 2010 President Barack Obama signed into effect the Dodd–Frank Wall Street Reform and Consumer Protection Act.

[15] In December 2016, the city of Portland, Oregon voted to implement a surcharge for chief executives who earn more than 100 times the median pay of their workers, to come into effect in 2017.

Ratio for Each Income Percentile to Median Income In the U.S. Since 1970. The plot shows the increase in the relative gains of those above the median versus those below the median with the largest gains for those in the highest percentile.
Ratio of the average compensation of CEOs from the top 350 firms and production workers, 1965–2009. Source: Economic Policy Institute. 2012. Based on data from Wall Street Journal/Mercer, Hay Group 2010. [ 1 ] [ 2 ]