In 2021, CEOs at major U.S. companies saw an unprecedented rise in compensation, averaging $27.8 million. This represents a remarkable 1,460% increase since 1978, while worker wages grew merely 18.1% over the same period. This stark disparity underlines ongoing debates about income inequality and the sustainability of current corporate compensation structures. Additionally, the expertise of scholars like Riki Takeuchi and colleagues from the University of Texas at Dallas sheds light on strategic human resource management and corporate governance issues, which are crucial to understanding the implications of such wage gaps.
In 2021, average CEO compensation at top U.S. firms reached $27.8 million, a staggering 1,460% increase since 1978, while average worker pay rose just 18.1%.
Riki Takeuchi, a distinguished professor, emphasizes the importance of strategic human resource management and social exchange relationships in organizational settings.
Research from faculty at the University of Texas at Dallas highlights major themes in corporate governance and stakeholder management relevant to contemporary business practices.
The disparity in pay growth between CEOs and average workers raises questions about equity and fairness in today’s corporate landscape.
#ceo-compensation #income-inequality #corporate-governance #human-resource-management #strategic-management
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