But when we analyzed the pay ratio, we found it is highly problematic. Yes, maybe it’s interesting to step into the shoes of the hypothetical median worker whose yearly paycheck is less than what the CEO earns in two hours. Discovery Inc. (pay ratio 1,511 to 1) looks worse than Disney, while CBS (pay ratio 263 to 1) appears much better. These things tell us virtually nothing useful about the actual pay practices, or inequities, of organizations. The compensation packages of tens of thousands of unique employees cannot be reduced to a single number.

Source: Los Angeles Times May 03, 2019 10:17 UTC