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Pay CEOs Less, Minimum Wage Workers More Minimum wage workers made $5.15 an hour when Harry Potter became a sensation a decade ago, and nothing more until July 24, three days after the final Harry Potter book release. The same year Harry Potter and the $5.15 minimum wage made their debuts, in 1997, Business Week declared CEO pay was "Out of Control." Since then, CEO pay has gotten more out of control. Average CEO pay at the top 500 companies jumped 38 percent to $15.2 million in 2006 -- the year we broke the record for the longest period ever without a raise in the federal minimum wage.

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Pay CEOs Less, Minimum Wage Workers More

Minimum wage workers made $5.15 an hour when Harry Potter became a sensation a decade ago, and nothing more until July 24, three days after the final Harry Potter book release.

The same year Harry Potter and the $5.15 minimum wage made their debuts, in 1997, Business Week declared CEO pay was "Out of Control." Since then, CEO pay has gotten more out of control.

Average CEO pay at the top 500 companies jumped 38 percent to $15.2 million in 2006 -- the year we broke the record for the longest period ever without a raise in the federal minimum wage.