Key Concepts: The Supply of Labor, Wage
Differentials, Discrimination, Wage Differentials and Government Policies
AFL—CIO PayWatch
Click on a listed public company that interests you to find out how much
its CEO "raked in" last year in total compensations. Then, click on the "Show
Me How I Compare" button to determine how the CEO's compensation package compares
to that of an average worker in the CEO's company.
- Provide a rational economic explanation for the current wide disparities
in earnings between CEOs and workers.
- Explain how small productivity differences among CEOs can result in vastly
different compensation.
- Survey potential areas of employment discrimination at DiscriminationAttorney.com.
Explain why discrimination can be costly for businesses.
