Many good comments here. The one common thought seems to be; "Why do they get paid so much?". So, to look at that very valid question, I'd suggest seeing not only what they do, but how they do it, and what skills are needed to be successful. Then, looking at how that knowledge and skillset was developed over time. I worked closely with one CEO for around 4 years. It was enlightening. I won't comment on the salary ratio chart. I will say that I think a person who can be successful in the CEO position is a rare critter.
Doesn’t make sense but we live in a capitalist society where somehow the average American has become convinced that the wealth of our 1% is a reflection of our success.
But what are you going to do when your government leaders give themselves pay raises and lifetime retirement for only four years of work?
Do you have the source because I think the UK is more often depicted at 250. But it really depends what’s included. Does this just include listed firms for eg?
Personally I think a better ratio is max to min salary within a single firm. So CEO to cleaner. Tells you a bit. And CEO to avg within that firm. Tells you quite a bit too. I’d see that statistic published publicly