Popular press and media accounts generally suggest that executives are overpaid

Question

 

Popular press and media accounts generally suggest that executives are overpaid. For example: the average yearly salary of a CEO of Fortune 500 company in 2018 was $14.5 million. The average yearly salary of a regular worker was $39,888.

  • Justify why the CEO’s pay is appropriate.
  • Support your response with specifics.
Support