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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
Cars drive past a giant Swatch watch placed in the centre of a roundabout in Grenchen, Switzerland.

It took around 10 days for the average Italian worker to make the $957 that his firm's chief executive made in an hour in 2012, according to calculations by The Economist, it says.

Combining private-sector pay figures from the Federation of European Employers, a trade group, with data on the average hours worked per week (only data for the whole economy were available) gives the approximate number of days needed for employees to match their bosses' hourly stipends, according to The Economist.

Let's see how many days it takes a worker to earn what a CEO earns in an hour.

Source: The Economist

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
View of the Casa Poporului or House of the People, now the Parliament Palace, in downtown Bucharest, Romania.

Romania

Hourly wage of a CEO: $305

Days it would take a median wage-earner: 12 days

Days it would take a lowest wage-earner: 29 days

Global rank in wage differences: 1

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of Mikhailovskaya Square in Kiev, Ukraine.

Ukraine

Hourly wage of a CEO: $187

Days it would take a median wage-earner: 11 days

Days it would take a lowest wage-earner: 27 days

Global rank in wage differences: 2

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
Men ride bicycles on ice of a lake in front of the cathedrals of the Kremlin in Rostov Veliky, about 200km from Moscow.

Russia

Hourly wage of a CEO: $264

Days it would take a median wage-earner: 11 days

Days it would take a lowest wage-earner: 23 days

Global rank in wage differences: 3

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
Agbar Tower in Barcelona, Spain.

Spain

Hourly wage of a CEO: $792

Days it would take a median wage-earner: 8 days

Days it would take a lowest wage-earner: 21 days

Global rank in wage differences: 4

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of the Margaret Bridge in Budapest, Hungary.

Hungary

Hourly wage of a CEO: $264

Days it would take a median wage-earner: 8 days

Days it would take a lowest wage-earner: 14 days

Global rank in wage differences: 5

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
An aerial view of St Peter's square in Rome, Italy.

Italy

Hourly wage of a CEO: $957

Days it would take a median wage-earner: 9 days

Days it would take a lowest wage-earner: 14 days

Global rank in wage differences: 6

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of the Parliament building in Warsaw, Poland.

Poland

Hourly wage of a CEO: $262

Days it would take a median wage-earner: 8 days

Days it would take a lowest wage-earner: 13 days

Global rank in wage differences: 7

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
People walk on a street in downtown Sofia, Bulgaria.

Bulgaria

Hourly wage of a CEO: $132

Days it would take a median wage-earner: 8 days

Days it would take a lowest wage-earner: 12 days

Global rank in wage differences: 8

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of the main square of Praca do Comercio in front of the Finance Ministry in Lisbon, Portugal.

Portugal

Hourly wage of a CEO: $307

Days it would take a median wage-earner: 8 days

Days it would take a lowest wage-earner: 11 days

Global rank in wage differences: 9

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
Istanbul's financial district in Turkey.

Turkey

Hourly wage of a CEO: $215

Days it would take a median wage-earner: 6 days

Days it would take a lowest wage-earner: 8 days

Global rank in wage differences: 10

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
People sit in a cafe of a hotel's roof garden with the Acropolis hill in the background in central Athens, Greece.

Greece

Hourly wage of a CEO: $275

Days it would take a median wage-earner: 5 days

Days it would take a lowest wage-earner: 7 days

Global rank in wage differences: 11

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
Thrill seekers ride a fairground attraction overlooking the London Eye, left, and Houses of Parliament, next to the Thames river in London, United Kingdom.

The United Kingdom

Hourly wage of a CEO: $616

Days it would take a median wage-earner: 4 days

Days it would take a lowest wage-earner: 8 days

Global rank in wage differences: 12

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of Stockholm, Sweden.

Sweden

Hourly wage of a CEO: $709

Days it would take a median wage-earner: 4 days

Days it would take a lowest wage-earner: 7 days

Global rank in wage differences: 13

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
A view of the Paris sky line and the Seine River in France.

France

Hourly wage of a CEO: $551

Days it would take a median wage-earner: 3 days

Days it would take a lowest wage-earner: 7 days

Global rank in wage differences: 14

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How many days it takes to earn what a CEO gets in an hour?

Last updated on: July 2, 2013 08:27 IST
American tourists picnic while enjoying the tulip fields in Noordwijk, the Netherlands.

The Netherlands

Hourly wage of a CEO: $491

Days it would take a median wage-earner: 2 days

Days it would take a lowest wage-earner: 6 days

Global rank in wage differences: 15