How is it possible for the average annual earnings of nonunionized workers to exceed those of unionized worker

Question

How is it possible for the average annual earnings of nonunionized workers to exceed those of unionized worker

Answer 1

A boss that knows how to keep good workers.

Answer 2

There is a big difference between the average and the median.  When a few non-unionized workers get paid tens and even hundreds of millions of dollars.  Then this raises the average far above what most non-unionized workers get paid.

Last year the average salary of a non-unionized CEO was 364 times the average salary of the common non-unionized worker.   Which is down from an all time record of 525 times set in 2000.

Also, Hedge Fund Managers who also are non-unionized employees often get paid even more than CEO's.  Some of them earn several billion dollars a year.  Which skews the average earnings of non-unionized workers by a huge amount.

http://money.cnn.com/2007/08/28/news/eco...