"Because the data used are average hourly earnings and the CEO compensation data are presented as annual numbers, the final industry-level typical worker compensation data are multiplied by 2,080. This converts hourly compensation of production/nonsupervisory workers to annual average worker compensation, which can now be directly compared with the annual CEO compensation figures used to calculate CEO-to-worker compensation ratios ... Most workers do not work full-time and year-round, so the annual compensation measure we are employing clearly overstates the actual annual compensation of a typical worker."  MORE >>