Congratulations to the courageous workers and their unions at Disney World for their historic victory. I applaud everyone who stood up to demand that workers at one of the wealthiest corporations in the world should have a decent standard of living. https://t.co/pdEzhBUPQU
— Bernie Sanders (@SenSanders) August 27, 2018
A Closer Look at CEOs and Employees
Income inequality and earning disparities between various types of workers are regularly discussed in America. However, as many people have stated, there are reasons why CEOs earn more than the employees who work for them.
First and foremost, CEOs shoulder much more responsibilities than employees. This is a point which is not typically acknowledged by the left-wing when comparisons between CEO earnings and employee earnings are made.
Some of the basic responsibilities of any CEO are as follows:
- Heading and developing long-term and short-term company strategies
- Representing and communicating with the government, shareholders, and general public
- Establishing and instating the mission and vision of the company
- Observing, managing, and lessening company risks
Bear in mind that this is only the tip of the iceberg. Depending on the nature of the company and what all it entails, a CEO may very well have additional responsibilities. Therefore, many people can understand why a CEO earns much more than company employees.
