According to a survey of nearly 70 chief executives and presidents conducted by the National Association of Corporate Directors, most CEOs in the US believe executives are overpaid. The Financial Times reports that, “Nearly 60 per cent of the directors polled by the NACD said the reason for excessive pay packages was the absence of objective ways to measure an executive’s performance.”

UPDATE: A recent study found that “the income of a top CEO is about 364 times that of the average worker, and the earnings of U.S. CEOs far outstrip those of government leaders, nonprofit executives and even their European counterparts.”

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