I totally agree that CEO pay is out of control for the most part, but I doubt the companies can really afford to give such a huge raise to thousands of employee

I totally agree that CEO pay is out of control for the most part, but I doubt the companies can really afford to give such a huge raise to thousands of employees. I think in the 1950's US, the average CEO's salary was "only" around 5-10x that of the average workers rates. This meant while CEO's were wealthy, they weren't Uber-wealthy like they are today with 100x salaries vs. average worker pay.