One economist said studies like the one presented by the CCPA are “flawed.”
“The only way you can arrive at this conclusion is that you’re comparing oranges with apples,” said Vincent Geloso, an assistant professor of economics at George Mason University in Virginia.
Geloso said reports like this fail to include other forms of employee compensation like benefits.
“People get more fringe benefits in the form of insurance, in the form of flexible hours. Things that employers pay for but aren’t considered compensation. When you include them, and you include that instead of wages alone, you’re getting a completely different portrait.”
Simp harder Vincent
It’s actually only 230x when you factor in benefits, so it’s OK!
You gotta include benefits in the calculation, but totally ignore those stock options and other ways the rich hide their compensation.