Chief executive officers at 367 top U.S. corporations were paid, on
average, $431 last year for every $1 paid to their companies’ average
production worker, according to publicly available information jointly
compiled in September by Institute for Policy Studies and United for a
Fair Economy. In 1990, the ratio was about $100-to-$1. (If the federal
minimum wage had increased since 1990 by the same rate as the multiple
for CEOs’ pay, it would have risen from $5.15 an hour to $23.03, but, of
course, it’s still $5.15.) [New York Times, 9-4-05]