Fast Food CEOs Make 1,200 Times As Much as Their Workers

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Fast Food CEOs Make 1,200 Times As Much as Their Workers
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Eco**mic inequality in the U.S. can be quantified in all sorts of ways. The 1% account for almost 40% (http://www.businessweek.com/articles/2014-04-03/top-tenth-of-1-percenters-reaps-all-the-riches) of the country's wealth. The 0.1% account for more than 10% all by themselves. The combined wealth of the 0.01% (http://www.theatlantic.com/business/archive/2014/02/the-rise-and-rise-and-rise-of-the-001-percent-in-america/283793/) totals $6 trillion (http://www.businessweek.com/articles/2014-04-10/thomas-pikettys-global-tax-on-capital-may-**t-be-a-crazy-idea). The pay gap (http://www.businessweek.com/articles/2014-04-18/top-ceos-make-331-times-the-average-worker-dot-does-anyone-care#r=read) between the top chief executive ******rs and the average workers at their companies is about 331 to 1. **w comes a**ther ratio, courtesy of Demos, a public policy organization in New York: 1,200 to 1. That's the pay gap between CEOs of fast-food companies and the average fast-food worker in 2012.

The report, scheduled for release on April 22, is called "Fast Food Failure: How CEO-to-Worker Pay Disparity Undermines the Industry and the Overall Eco**my." It **tes that fast-food CEOs are some of the highest-paid executives in America, with an average compensation of $26.7 million in 2012. Fast-food workers are the lowest-paid. Their average hourly wage is $9.09. The companies cited include McDonald's, Chipotle, Starbucks, Yum! Brands (owner of KFC, Pizza Hut, and Taco Bell) and six others. Read more... (http://mashable.com/2014/04/22/fast-food-income-inequality/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)

More about Pay (http://mashable.com/category/pay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Worker (http://mashable.com/category/worker/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Mcdonalds (http://mashable.com/category/mcdonalds/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Ceos (http://mashable.com/category/ceos/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Fast Food (http://mashable.com/category/fast-food/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/8Xq6HO9zbUg