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July 19, 2007
Nearly 40% of Workers Say Senior Execs Are Paid Too Much

Thirty-nine percent of workers say senior executives earn more than they should, according to a survey by the staffing firm Hudson.

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The survey, which included 10,000 respondents, found that while 64 percent of workers said executive pay should be tied to company performance, just 38 percent of employees say the practice is applied at their company.

Forty-eight percent of workers said the pay disparity between corporate leaders and average employees is too big. Thirty-six percent of workers said the pay for senior leaders is about right after taking into account their scope of work and fair market rates.

"Given the escalating pressures and responsibilities of C-suite positions, there are plenty of reasons why pay for these individuals has gone up in recent years," says Peg Buchenroth, senior vice president, human resources for Hudson . "However, employees, even of private companies, want to see the positive impact senior leaders have on an organization to justify those large paychecks."

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