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are American chief executive officers Paid Too Much?Are American chief operating officers overpaid? In my opinion, they are. In America today, CEOs of various companies are known for their senior high position and for their high salary. harmonize to the Business Journal, the bonnie CEOs of an S&P 500 firm earned $2.7 million yearly in 1992. By 2000, the intermediate pay for these CEOs increased to much than 400 percent totaling to roughly $14 million per year. When compared to second-rate workers, the pay increase is even more dramatic. Is this increase justifiable? In 1992, CEOs were paid 82 times the average of blue-collar workers. In 2004, this amount increased to over 400 times. According to the Bureau of Labor Statistics, the average production worker fared less easily in 2003. Their annual pay was $26,899 in 2003, up just 2.1% from 2002. The average worker took home $517 in their weekly paycheck in 2003 the average large company CEOs took home $155,769 in their weekl y pay. If the minimum wage had increased as quickly as CEO pay since 1990, it would be $15.71 per hour today. This is more than three times the circulating(prenominal) minimum wage of $5.15 an hour. While workers are increasingly anxious almost their job security, and how they will pay the rising costs of everything from health damages to housing, from college to gasoline, corporate executives continue to distance themselves from the cares and worries of those they lead. It sends a poor message to pray cost cutting from the factory floor, while costs in the ...