The income disparity between CEOs and workers at ridiculous (dis)proportions
So when Kroger's CEO got a 64% raise because the company's stock prices went up, just how much of a raise did the workers get?
Here's a chart for the hourly pay of Kroger's employees: http://www.glassdoor.com/Hourly-Pay/Kroger-Hourly-Pay-E386.htm
The Cincinnati Enquirer
Ex-Kroger CEO calls his $12.8M pay 'ludicrous'
by Alexander Coolidge
August 27, 2014
Kroger chairman and former CEO David Dillon said his robust $12.8 million pay package in 2013 was "ludicrous."
The former head of the Cincinnati-based supermarket giant made his comments during a discussion panel last month at the Aspen Ideas Festival panel, according to the Huffington Post...
...Kroger stock is hovering near an all-time high as the grocer has won market share from Walmart and other rivals. Dillon's pay jumped $5 million last year or 64.2 percent from $7.8 million in 2012...
...Dillon was Greater Cincinnati's second-highest paid CEO in 2013 behind No. 1-ranked Procter & Gamble head Bob McDonald, who made $15.9 million during his last year at the consumer products giant. McMullen, who made $8.8 million last year, ranked No. 7....
MORE at http://www.cincinnati.com/story/money/business/2014/08/27/former-kroger-ceo-calls-his-128m-pay-ludicrous/14678411/