
According to the 14th annual CEO Compensation Survey, top CEOs of major corporations made as much money in one day of work on the job as the average worker made during the entire year in 2006.
According to the survey, big company Chief Execs averaged close to $11 million in total compensation.
The top 386 CEOs in the study also took in perks, such as housing allowances and travel benefits, worth an average of $438,342 in 2006. It would take the average Joe making a minimum wage salary 36 years to earn what CEOs averaged in just perks alone.
The 14th annual survey was released jointly by the Institute for Policy Studies and United for a Fair Economy. Read.
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