Survey Anyplace improves your data collection by improving your surveys. Most surveys today overlook the respondent’s experience, which is why they produce low response rates. Our modern-looking surveys entice respondents. Americans and CEO Pay: 2. Public Perception Survey on CEO Compensation. Recently, the Rock Center for Corporate Governance at Stanford University conducted a nationwide survey of 1,2. CEO pay levels among the 5. Key takeaways are: CEOs are vastly overpaid, according to most Americans. Most support drastic reductions. The public is divided on government intervention. Americans believe that CEOs are not paid the correct amount relative to the average worker. Only 1. 6 percent believe that they are. While responses vary across demographic groups (e. CEO pay remains highly negative.“There is a clear sense among the American public that CEOs are taking home much more in compensation than they deserve,” says Professor David F. 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Some are comfortable with the idea that CEOs should substantially share in any upside value they create, while many others favor significant reductions in the amount of pay a CEO can receive relative to the average worker. Clearly companies have not been successful communicating how much value their CEO creates and how much compensation is required, given the market for talent, to attract and motivate the right people.”According to Brian Tayan, researcher at Stanford Graduate School of Business, “Whether high pay packages are deserved is an emotionally charged subject. Whether the government can or should intervene is even more divisive. Public consensus is that there is a problem. There is much less agreement on a solution.”The controversy over CEO compensation has reached new heights with labor unions, media, and political candidates from both major parties expressing public criticism. According to Democratic candidate Hillary Clinton, the average CEO “is now earning 2. Twenty years ago the ratio was about forty times. People all over this country are really upset about this.” According to Republican candidate Donald Trump, CEO compensation is a “total and complete joke. Are bosses seven times smarter these days? Company boards seem to think so.”1. The findings include the following: The Average American Grossly Underestimates How Much CEOs Make. Public frustration with CEO pay exists despite a public perception that CEOs earn only a fraction of their published compensation amounts. Disclosed CEO pay at Fortune 5. American believes those CEOs earn. The typical American believes a CEO earns $1. CEOs of these companies is approximately $1. Responses vary based on the household income of the respondent, but all groups underestimate actual compensation. Lower income respondents (below $2. CEOs earn $5. 00,0. CEOs earn $5,0. 00,0. Still, Americans Believe CEOs Are Overpaid Relative to the Average Worker. The vast majority (7. Americans believe that CEOs are not paid the correct amount relative to the average worker. Only 1. 6 percent believe that they are paid an appropriate amount. While responses vary by political affiliation, they remain largely negative. Only a quarter (2. Republicans believe CEOs are paid the correct amount relative to the average worker, compared to 1. Democrats and 1. 1 percent of Independents. Nearly two- thirds (6. Americans believe that there is a maximum amount that CEOs should be paid relative to the average worker, regardless of the company and its performance. Interestingly, a majority of all political groups believe CEO pay should be capped in some manner, though Republicans are somewhat less likely to hold this opinion (5. Democrats (6. 6 percent) or Independents (6. Those who believe in capping CEO pay relative to the average worker would do so at a very low multiple. The typical American would limit CEO pay to no more than 6 times (1. These figures are significantly below current pay multiples, which are approximately 2. CEO compensation figures are much higher than the public is aware of,” observes Professor Larcker. It is understandable that any limit on CEO pay would be low for most citizens.”Opinions Vary on How Much to Pay CEOs for Performance. Public opinion varies widely about the degree to which executives should share in the value created at a company. For example, when respondents are given a hypothetical situation in which a company’s value increases by $1. CEO should receive only 0. The mean response is 3. Responses do not vary by political affiliation, with Democrats, Republicans, and Independents willing to share this value in roughly the same proportion.“This gets to the heart of the issue of . Or they do not believe that CEOs play an important role in value creation. Clearly companies need to make a stronger case for how pay is tied to performance — to the extent it is.”Americans Agree There Is a Problem but Are Split on Whether the Government Should Get Involved. The public strongly believes that CEO compensation is a problem. A large majority (7. The view that CEO pay is a problem is substantially more prevalent among those who identify themselves as Democrats (7. Independents (7. 2 percent) than those who identify themselves as Republicans (5. Perhaps unexpected, low income respondents are less likely to believe that CEO pay is a problem (5. In terms of a solution, approximately half of respondents (4. CEO pay practices, approximately one- third (3. Higher income respondents (3. Republicans and Independents (3. Democrats (6. 0 percent). Possible Government Actions Vary, None of Which is Widely Supported. Those who favor government intervention support a range of possible actions, although none alone receives majority or even close to near- majority support. Twenty- eight percent of respondents who advocate government intervention would substantially increase taxes on CEO compensation above a certain amount; 2. CEO can receive relative to the average worker; 1. CEO can receive; 1. CEO pay packages. Responses do not vary significantly by income bracket. However, higher income respondents are less likely to support both absolute and relative limits on CEO pay. They are also less likely to support higher taxes on CEO pay. Responses do vary by political affiliation, with Democrats significantly more likely than Republicans to support each of the interventions listed above.“The concept of government intervention in restricting or influencing CEO pay is a highly charged,” observes Mr.
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