Below are the reasons why the ratio between the CEO pay and
average workers pay differs from country to country.
- Due to the changes in the currency value from country to
country ratio between the CEO and average worker will vary.
- Due to nature of employment such as permanent basis or contract
basis the ratio of pay of CEO and averge workers pay will differes
from country to country.
- Skills that CEO and averge workers have will differs. Hence the
ratio of CEO pay and average workers pay will differs from country
to country.
- The governement benefits that different countries provide also
have effect on the ratio of CEO pay to average worker pay.
- Due to difference in the domains that countries are more
exposed is also reason for the changes in the ratio of CEO pay to
average worker pay. (Example: some countries have more exposed to
manufacturing sector, some countries exposed to information,
softwares and technology etc, some countries are service based
)
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