Why Do CEOs Get Paid So Much?

The video discusses the disparity in CEO pay compared to average workers, highlighting factors like stock market ties and corporate board interests. It examines the debate on whether high CEO pay is justified by skills and competition. The impact of globalization, union membership decline, and the pandemic on income inequality is also explored, noting a resurgence in union movements, particularly at Amazon.

What factors contribute to the disparity in CEO pay compared to the average worker's salary?

How does the structure of corporate boards influence CEO compensation?

What role does the stock market play in determining CEO compensation?

In what ways have globalization and union membership affected income inequality?

What skills are now considered essential for today's CEOs beyond just running a company?