Why Do CEOs Get Paid So Much?

The video discusses the disparity in CEO pay compared to average workers, highlighting factors like stock market ties and corporate board interests. It examines the debate on whether high CEO pay is justified by skills and competition. The impact of globalization, union membership decline, and the pandemic on income inequality is also explored, noting a resurgence in union movements, particularly at Amazon.

What is one reason for the disparity in CEO pay compared to average workers?

• CEOs have more educational qualifications.

• CEOs work longer hours than average workers.

• Corporate boards often consist of CEOs from other companies.

• Average workers receive more bonuses.

How is much of a CEO's overall pay structured?

• Primarily through stock market and bonuses.

• Through government subsidies.

• By receiving cash incentives.

• Through a high base salary.

What is a common element in CEO compensation packages at major companies like Alphabet and Apple?

• Free company products.

• Annual cash bonuses.

• Stock awards that vest over time.

• High base salaries.

What is one factor that some experts believe has exacerbated income inequality?

• Increased union membership.

• Globalization and the fall in union membership.

• Government regulations on CEO pay.

• Higher taxes on the wealthy.

What is one argument in favor of high CEO pay according to some perspectives?

• It is a result of intense competition and a hallmark of capitalism.

• It ensures CEOs work harder.

• It reduces company expenses.

• It is mandated by government policies.