“According to the company’s proxy statement, the median employee was a part-time restaurant crew worker... who made $7,017. The ratio was 3,101 to 1. In other words, it would take that employee 3,101 years to match Easterbrook’s 2017 compensation... Even keeping qualifiers in mind, the disparities are massive. And in the U.S., almost 52% of fast food workers are on public assistance. They can’t make enough money to live on. Many thousands of workers are at the poverty line while CEOs are wealthy. It’s effectively a subsidy from government to these corporations.”

* If increases in the national minimum wage had kept pace with nationwide productivity growth in all industries since the 1940s, it would be $16.54 as of 2012. * If only considering 'non-farm' productivity growth (i.e. excluding agricultural workers from the calculation), the minimum wage would be $21.75 as of 2012. * If minimum-wage workers received only half of the productivity gains over the period, the federal minimum would be $15.34. - Center for Economic and Policy Research Seems like paying $15 / hour or more to every job out there is pretty feasible and actually more in line with the historical minimum wage than the current value is.