CEOs see pay grow 1,000% in the last 40 years, now make 278 times the average worker

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CEOs see pay grow 1,000% in the last 40 years, now make 278 times the average worker
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In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.

EPI researchers Lawrence Mishel and Julia Wolfe called for action to reduce the pay gap, even if means taxing the firms where the disparity is greatest.

In comparative terms, CEOs now make on average 278 times the average worker's salary, using the options-exercised formula. That's up from 58 times in 1989 and 20 times in 1965, according to EPI figures though, it is down from the 2000 peak of 368 to 1. The total compensation growth since 1978 has outstripped that of the stock market growth of 706.7% and the wages of "very high earners," which have grown 339.2%.

Some of the top-paid CEOs include David Zaslav at Discovery , Lawrence Ellison at Oracle , John Legere at T-Mobile , Robert Iger at Disney and Lachlan Murdoch at News Corp , according to S&P Capital IQ records.

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