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Even CEOs think CEOs are overpaid: survey

2007-12-19 05:21:12

Tue Dec 18, 2:18 PM ET

With many U.S. chief executives taking home millions of dollars in pay, it is

no shock that average workers regards them as overpaid. But that attitude

extends to the corner office as well.

Sixty-four percent of top executives view CEO compensation as excessive,

according to survey released on Tuesday.

The poll of 1,572 readers of BNET.com, a business Web site, found that,

overall, 77 percent of employees regarded CEOs as overpaid. The survey, of

readers of the Web site, was conducted June 11 through 18. About 90 percent of

respondents were from the United States.

Fifty percent of CEOs surveyed said their leadership style was effective, but

only 38 percent of employees agreed.

BNET.com is a unit of U.S. media technology company CNET Networks Inc.

(Reporting by Scott Malone, editing by Gerald E. McCormick)