Pay Disparity Between CEOs and Working Class Continues to Grow Wider

Video Credit: Wibbitz Top Stories
Published on June 7, 2022 - Duration: 01:31s

Pay Disparity Between CEOs and Working Class Continues to Grow Wider

Pay Disparity Between, CEOs and Working Class, Continues to Grow Wider.

Business Insider reports that America's lowest-paying companies have been providing massive paychecks to their CEOs.

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Business Insider reports that America's lowest-paying companies have been providing massive paychecks to their CEOs.

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Meanwhile, cost of living for workers continues to rise.

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According to a study by the Institute for Policy Studies, the disparity between CEOs and workers widened in 2021.

According to a study by the Institute for Policy Studies, the disparity between CEOs and workers widened in 2021.

In 2021, top executives earned 670 times more than workers, an increase from 2020 when they only made 604 times more.

In 2021, top executives earned 670 times more than workers, an increase from 2020 when they only made 604 times more.

At 49 of the 300 companies IPS looked into, the CEO-to-worker pay ratio , was over 1,000-to-one.

Those companies include , Amazon and McDonald's.

Those companies include , Amazon and McDonald's.

According to the Economic Policy Institute, CEO compensation has grown 1,332%, between 1978 and 2020.

Over the same period of time, average worker pay , rose by just 18%.

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Despite pay raises in response to the Great Resignation, median pay for workers has been unable to keep up with rapidly rising inflation.

CEOs are being paid hundreds of times more than their average worker, whose wages haven't changed in years.

, Ed Markey, Junior United States senator from Massachusetts, via Business Insider.

CEOs are being paid hundreds of times more than their average worker, whose wages haven't changed in years.

, Ed Markey, Junior United States senator from Massachusetts, via Business Insider.

It is a national disgrace, Ed Markey, Junior United States senator from Massachusetts, via Business Insider


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