CEO Salaries: In a global meltdown the CEO's of the worlds companies are certainly not melting.
In the USA - 30 years ago CEO salaries were 42 times the average workers - in 2001, 531 times and now probably nearing 800.
Australia; 17 times the average in 1993 and 50 times in 2008.
In the UK CEO salaries have risen 250% in the past decade - this in a time when company balance sheets have generally gone backwards. And the US has just given tax cuts to those on the highest income.
Meantime in Canada - guess what the story is the same. By about mid-afternoon on 3 January the every one of the 100 best-paid CEO's their will have already earned the equivalent of an average full-time Canadian salary.
In NZ they say ours haven't been as blatant although the top paid executive in the country (at Westpac) gets 100 times the average Westpac employee.
