In 2000, the average chief executive officer at the largest American companies received compensation of $13.1 million. In 1990, that figure was $2.0 million. To keep pace, the average 1990 minimum wage of $3.69 ($3.35 until 1 April, and $3.80 thereafter) would need to increase to $20.48. Sources: Business Week surveys from 2001 and 1999, Department of Labor statistics. |
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