Wage ratio (original) (raw)
In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion. There has been a resurgence in the importance of the wage ratio. The amount of money paid out to executives has steadily been on the rise. "An April 2013 study by Bloomberg finds that large public company CEOs were paid an average of 204 times the compensation of rank-and-file workers in their industries. By comparison, it is estimated that the average CEO was paid about 20 times the typical worker’s pay in the 1950s, with that multiple rising to 42-to-1 in 1980, and to 120-to-1 in 2000". While not as extreme, similar trends have been observed around the world.
| Property | Value |
|---|---|
| dbo:abstract | In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion. There has been a resurgence in the importance of the wage ratio. The amount of money paid out to executives has steadily been on the rise. "An April 2013 study by Bloomberg finds that large public company CEOs were paid an average of 204 times the compensation of rank-and-file workers in their industries. By comparison, it is estimated that the average CEO was paid about 20 times the typical worker’s pay in the 1950s, with that multiple rising to 42-to-1 in 1980, and to 120-to-1 in 2000". While not as extreme, similar trends have been observed around the world. (en) |
| dbo:wikiPageID | 41282498 (xsd:integer) |
| dbo:wikiPageLength | 8588 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1119453161 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Canton_of_Zug dbr:Prime_Minister_of_the_United_Kingdom dbr:Basic_income dbr:Basque_Country_(autonomous_community) dbr:David_Cameron dbr:Maximum_wage dbr:Mondragon_Corporation dbr:Barack_Obama dbr:CEO dbc:Wages_and_salaries dbr:Ticino dbr:Leader_of_the_Opposition_(United_Kingdom) dbr:Economics dbr:Family_wage dbr:Government_procurement dbr:Wage_dispersion dbc:Labour_economics_indices dbr:Jeremy_Corbyn dbr:Codetermination_in_Germany dbr:Mitbestimmungsgesetz dbr:Dodd–Frank_Wall_Street_Reform_and_Consumer_Protection_Act dbr:Portland,_Oregon dbr:Spanish_Socialist_Workers'_Party dbr:Oregon dbr:Ratio dbr:Supervisory_board dbr:Wagemark |
| dbp:wikiPageUsesTemplate | dbt:Ill dbt:Portal dbt:Reflist |
| dcterms:subject | dbc:Wages_and_salaries dbc:Labour_economics_indices |
| rdfs:comment | In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion. There has been a resurgence in the importance of the wage ratio. The amount of money paid out to executives has steadily been on the rise. "An April 2013 study by Bloomberg finds that large public company CEOs were paid an average of 204 times the compensation of rank-and-file workers in their industries. By comparison, it is estimated that the average CEO was paid about 20 times the typical worker’s pay in the 1950s, with that multiple rising to 42-to-1 in 1980, and to 120-to-1 in 2000". While not as extreme, similar trends have been observed around the world. (en) |
| rdfs:label | Wage ratio (en) |
| owl:sameAs | freebase:Wage ratio yago-res:Wage ratio wikidata:Wage ratio https://global.dbpedia.org/id/feVD |
| prov:wasDerivedFrom | wikipedia-en:Wage_ratio?oldid=1119453161&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Wage_ratio |
| is dbo:wikiPageRedirects of | dbr:Pay_ratio |
| is dbo:wikiPageWikiLink of | dbr:Pay_ratio dbr:Provisions_of_the_Dodd–Frank_Wall_Street_Reform_and_Consumer_Protection_Act dbr:Maximum_wage dbr:Titan_Machinery dbr:Economic_inequality dbr:Wage_dispersion dbr:CEO_Pay_Ratio dbr:Wagemark |
| is foaf:primaryTopic of | wikipedia-en:Wage_ratio |