REL 0811 Study Guide - Quiz Guide: International Social Survey Programme, Psychological Science
22 Oct 2017
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Ceos get paid too much, according to pretty much everyone in the world. Rumblings of discontent about executive wages, the 1%, and wealth gaps know no borders. And neither does fierce debate about income inequality in general. But until now, it"s been relatively unclear how much people think ceos should really make compared to other workers on a global scale. In their recent research, scheduled to be published in a forthcoming issue of. Kiatpongsan and harvard business school"s michael norton investigate what size gaps people desire and whether those gaps are at all consistent among people from different countries and backgrounds. Using data from the international social survey programme (issp) from december. For the countries combined, the ideal pay ratio for ceos to unskilled workers was 4. 6 to 1; the estimated ratio was about double, at 10 to 1. But there were some differences country to country.
