CEO pay is still on steroids

Running Head : CEO Pay

CEO Pay in Still on Steroids

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CEO Pay is Still on Steroids

Introduction

It is almost certain that everybody loves the job of a chief executive office . Who would not like to occupy the most comfortable , coziest and extremely lavished office in a corporation and receive a salary that is almost or more than the take home pay of thousands of ordinary workers or employees ? CEO 's job is highly rewarding , but there are some people who contended that

it is rewarding because of the executive 's challenging functions . Is it really challenging or just rewarding , or both

To find out whether CEO 's job is financially rewarding or mentally and physically challenging , it is necessary to look at some figures and statistics , including some historical accounts closely related to the matter

CEO 's job is financially rewarding

According to Holly Skar (2005 , CEOs were paid and lavished more than three-hundred times as much as employees in 2004 . This is in contrast with the figure in 1991when CEOs received their take home pay one-hundred forty times as much as their employees . Just imagine how much a single CEO receives in just one year and compare it to the take home pay of ordinary workers . More then forty years ago , it was said that chief executives were paid forty five times as much as employees (Skar , 2005

So if we look at the pay slip of CEOs in the past , there was a...