The College President-to-Adjunct Pay Ratio

Laura McKenna:

Economists often calculate the income disparities between companies’ CEOs and their average workers with ratios, expressing concern when the gaps grow too wide. For example, a recent report from Glassdoor, a labor-market research firm, found that Chipotle CEO Steve Ellis earned $29 million total in 2014, while the median worker serving those yummy burrito bowls earned just $19,000. That would make the median CEO-to-worker pay ratio at Chipotle 1,522 to one.