By | Ben Wittstein | www.msn.com
Highest paid CEOs in America
Among the hotly contested debates in the contemporary United States is what to make of the vast discrepancy that exists between the salaries of the country’s top-earning CEOs and the average worker within their companies. While some people are outraged by the fact that Walmart CEO Doug McMillon raked in more than 1,000 times what his median employee made in 2017, others argue that the ratio is justified and not indicative of a problem in need of rectifying. Alex Edmans of the Harvard Business Review likens the discrepancy to that of a band’s lead singer and bassist, alluding to the fact that people who perform tasks of varying levels of importance in a company ought to receive compensation that reflects these differing contributions.