“In every country tested, respondents dramatically underestimated the degree of actual pay inequity. In the United States, for example, people estimated that CEOs earned about 30 times the average worker. In reality, the researchers point out, the average CEO earned $12.3 million in 2012. That is about 350 times the average worker’s income of $35,000.”

“In every country tested, respondents dramatically underestimated the degree of actual pay inequity. In the United States, for example, people estimated that CEOs earned about 30 times the average worker. In reality, the researchers point out, the average CEO earned $12.3 million in 2012. That is about 350 times the average worker’s income of $35,000.”

— Keith Payne