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Wachovia information paper

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Issue:

Book Reports

 

Written by:

Robert A

 

Date added:

October 10, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 707

 

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7405 times

 

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Essay content:

When compared to average workers, the pay increase is even more dramatic. Is this increase justifiable? In 1992, CEOs were paid 82 times the average of blue-collar workers. In 2004, this amount increased to over 400 times. According to the Bureau of Labor Statistics, the average production worker fared less well in 2003...
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According to the Bureau of Labor Statistics, the average production worker fared less well in 2003. Their annual pay was $26,899 in 2003, up just 2.1% from 2002. The average worker took home $517 in their weekly paycheck in 2003; the average large company CEO's took home $155,769 in their weekly pay...
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