These numbers aren't accurate for me at all. Both mine and my bosses income has risen by an infinite percentage since 1978. Granted, that might just be because we are both under the age of 47...
My boss telling me our contract doesn't have any wiggle room for the third year in a row as he shows up in a newer GMC Yukon Denali he's talking about buying a Tesla Model X for his wife. I just work my wage, no more above and beyond. :)
The reason is growth and mergers. "Your" boss is only making maybe 5.8% more. The CEO is making 937% more, but that's because a CEO now generally manages a company 1000% larger than those in 1978. In '78, GM had the largest valuation. Even adjusting for inflation, you have to go to about the 53rd largest company today to find one that small. So yes, when the CEO is now 20 pay grades above the janitor, not the 9 he was in '78, he's paid more, while the janitor has the same work and pay.
Old company i worked for kept hiring new "managers" and actual staff kept leaving/being fired. By the time I was fired, social media had 2 writers to 4 managers and 2 graphic designers had 3 managers. We love "entrepreneurial-minded businessess"
I know it is an outlier, but at my job, we only have 2.5x the number of workers then bosses/owners. They work alongside us and it is the best job i ever had.
Source on the numbers? I know the ratio is way off, but I still like accuracy in my arguments. I’ve never seen these numbers before—unless they are conflating nominal wage increases (total dollars) for the boss while using real wage increases (purchasing power) for the employee?
Couldn't find the original numbers, but I believe that it is a comparison of the CEO pay at the top 350 (I think) firms over time, compared to the typical worker pay over time. This sampling of CEO pay will naturally skew the numbers for CEO pay higher, as they are going to move to the right on the bell curve over time. As a hypothetical, let's assume that in 1978, the top 350 firms represented the top 0.1% of firms. In 2025, that same 350 may very well be the top 0.01% of firms, as you (1/2)
likely have a much greater number of firms overall. Has CEO pay growth generally outpaced worker pay growth? Yeah, probably, but this metric likely exaggerates it, which doesn't really help, in my opinion. (2/2)
In all fairness, my boss' income *hasn't* risen 937%. The CEO's income has and my boss is about as far removed from that level as one can be. I have no doubt he makes good money, but not *that* good.
Seven sounds excessive. At my European workplace we got three layers of management between the CEO and employees w/o personnel responsibilities: CEO, department director, department head, group head, (product head, lead worker, worker bee).
nachosyndicate
You'd think this would be obvious. The end credits of The Other Guys movie still make me mad. We are being set up to fail. National strike, anyone?
4vie
It's time to start blaming the CORRECT minority.
subtletomato
Damn, to have a job for 47 years, would be nice...
HandoB4Javert
JustAnotherPOG
These numbers aren't accurate for me at all. Both mine and my bosses income has risen by an infinite percentage since 1978. Granted, that might just be because we are both under the age of 47...
meganical
Racists aren’t exactly intelligent
Shaodyn
They have us fighting a culture war so we won't have energy for the class was we should be fighting.
FascisTyrant
No, you're just blaming the wrong minority.
The ultra-rich are the minority to blame.
canadaslittlereader
Do you think he's any relation to that Al guy?
makalalala
My boss got a 12.5% increase in 2025, I got a 4% increase, trained them to do their job and was told I should be thankful I got that much. Good times!
CheesyAvocados
well, the gap has definitely gotten bigger
SavageDrums
Also, kill your boss.
GravyEducation
dextarrogue
My boss telling me our contract doesn't have any wiggle room for the third year in a row as he shows up in a newer GMC Yukon Denali he's talking about buying a Tesla Model X for his wife. I just work my wage, no more above and beyond. :)
OliverOtter
The reason is growth and mergers. "Your" boss is only making maybe 5.8% more. The CEO is making 937% more, but that's because a CEO now generally manages a company 1000% larger than those in 1978. In '78, GM had the largest valuation. Even adjusting for inflation, you have to go to about the 53rd largest company today to find one that small. So yes, when the CEO is now 20 pay grades above the janitor, not the 9 he was in '78, he's paid more, while the janitor has the same work and pay.
hfctom
I'd complain but I need this job since my rent went up 200%
vash77
stercusmoriturussum
Nah, come on - the boss is a minority. Which company has more bosses than workers (yeah, well, you know what I mean...)?
SavageDrums
Do middle management count as bosses?
ToSisPoS
I got fired from a McDonalds once for pointing out that there were three “crew chiefs” shouting orders to one fry cook in the kitchen.
thisisagreatusernamedontworryitswonderful
Old company i worked for kept hiring new "managers" and actual staff kept leaving/being fired. By the time I was fired, social media had 2 writers to 4 managers and 2 graphic designers had 3 managers. We love "entrepreneurial-minded businessess"
SavageDrums
Hey, my company does that too. I think their primary business is pointless meetings, and sometimes they remember they do some IT stuff.
Tolocamp
I know it is an outlier, but at my job, we only have 2.5x the number of workers then bosses/owners. They work alongside us and it is the best job i ever had.
EccentricNimoy
What industry?
Tolocamp
Electronics. Voice Alarm systems primarily but also general sonication for public buildings.
Imalwaysready
Source on the numbers?
I know the ratio is way off, but I still like accuracy in my arguments. I’ve never seen these numbers before—unless they are conflating nominal wage increases (total dollars) for the boss while using real wage increases (purchasing power) for the employee?
whoatherebigfella
Those numbers don’t add up for me either.
JustAnotherPOG
Couldn't find the original numbers, but I believe that it is a comparison of the CEO pay at the top 350 (I think) firms over time, compared to the typical worker pay over time. This sampling of CEO pay will naturally skew the numbers for CEO pay higher, as they are going to move to the right on the bell curve over time. As a hypothetical, let's assume that in 1978, the top 350 firms represented the top 0.1% of firms. In 2025, that same 350 may very well be the top 0.01% of firms, as you (1/2)
JustAnotherPOG
likely have a much greater number of firms overall. Has CEO pay growth generally outpaced worker pay growth? Yeah, probably, but this metric likely exaggerates it, which doesn't really help, in my opinion. (2/2)
TheLiteraryMachine
In all fairness, my boss' income *hasn't* risen 937%. The CEO's income has and my boss is about as far removed from that level as one can be. I have no doubt he makes good money, but not *that* good.
Nalianna
So, your boss should be on your side... but he isn't.
comacomacomacomachameleon
how many layers of middle management does your company have?
TheLiteraryMachine
I have no idea. It's a really big company. Probably ten or more?
comacomacomacomachameleon
if it's a really big company then you have an org chart. Go take a look.
LokilairTTV
Your bosses boss is still your boss
mt77932
Just by a quick count I did there's at least 7 levels of management between me and the CEO. Probably more that I don't know about.
WeekendWarriorMark
Seven sounds excessive. At my European workplace we got three layers of management between the CEO and employees w/o personnel responsibilities: CEO, department director, department head, group head, (product head, lead worker, worker bee).
squirrelgirl86
In America, any company large enough to have a CEO is going to have way more levels than that. That sounds more like just an owner to me.
WeekendWarriorMark
Worked an owner run businesses too; like at my previous job. Hierarchy was even flatter. Owner, department head, team lead, (PO, PM, …, worker bee).