When we consider all US CEOs and all US workers, the ‘CEO-to-worker pay ratio’ falls from 331:1 to below 4:1

Carpe Diem reports:

Do a Google search of the phrase “CEO to worker pay” and you’ll find 150,000 links to reports and articles that almost exclusively compare the salaries of a very small, statistically insignificant group of S&P500 or Fortune 500 CEOs to average worker pay. I’m suggesting that those comparisons are statistically invalid and meaningless. A comprehensive and statistically valid comparison of the average pay of all US CEOs to the average pay of all US workers reveals a much different story than the frequently reported narrative of a 300:1 (or higher) and rising CEO-to-worker pay ratio in the US. The reality is that the annual salary of the average US CEO pay is less than four times the annual pay of the average worker, and that ratio has been remarkably stable for more than a decade.

How many Columbia journalism students grasp this one?