CEO pay is up 78% over the past decade

I want to share Bob Cringely’s (yes, that Bob Cringely) article on this topic. It explains everything very concisely in very simple terms.<p><a href="https:&#x2F;&#x2F;www.cringely.com&#x2F;2018&#x2F;02&#x2F;26&#x2F;win-lose-wall-street-screwed-middle-class&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.cringely.com&#x2F;2018&#x2F;02&#x2F;26&#x2F;win-lose-wall-street-scr...</a>

I&#x27;d be curious to hear what workers think their CEOs compensation should be. I hear a lot of &quot;a CEO doesn&#x27;t do 100x the work of their workers.&quot; Well, what multiple do you think is more appropriate? What is the mechanism for determining that multiple? Direct democratic voting by the employees? Why stop at the CEO?<p>Maybe everybody should vote on everybody else&#x27;s comp. I&#x27;d love to see how that plays out for a company. Anyone know if it has been tried?

Average firm size has increased as well (both in terms of employees and market cap) so that explains some of it.

It looks like market capitalization of the S&amp;P 500 has been rapidly increasing (relative to GDP) since 2010; this seems like a potential cause. <a href="https:&#x2F;&#x2F;endlessmetrics.substack.com&#x2F;p&#x2F;s-and-p-500-gross-domestic-product?s=r" rel="nofollow">https:&#x2F;&#x2F;endlessmetrics.substack.com&#x2F;p&#x2F;s-and-p-500-gross-dome...</a>

Is pay up or compensation? Since stock-based compensation is the norm and the stock market had &quot;some&quot; growth, this wouldn&#x27;t be surprising.

Probably a result of the stock market flying high for so long. Share based comp will do that.<p>I wonder what the average pay for top developers has done in the last 10 years.