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Despite getting slapped with a pay cut of 35%, CEO Albert Bourla's salary of $21.6 million was still 291 times higher than the average worker's salary of $74,000. Ceri Breeze/istockphoto 18.
Among the most hotly contested debates in America is what to make of the vast discrepancy between the salaries of the country's top-earning CEOs and the average workers at their companies. CEO ...
The gap between rich and poor is widening, and nowhere is it more apparent than American CEO salaries. Find out which companies have the largest wage gap between the CEO and its average worker
In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion. There has been a resurgence in the importance of the wage ratio as well as the CEO Pay Ratio. The amount of money paid out to executives has steadily been on the rise.
The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. The typical worker's annual compensation grew just 11.9% within the same period. [5] It is the highest in the world in both absolute terms and relative to the median salary in the US ...
The average S&P 500 [.SPX] chief executive made $15.5 million last year, 299 times the pay of the median worker and a higher ratio than in 2019, the top American labor union said on Wednesday, as ...
Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5% year, compared to corporate profit growth of 2.9%/year and per capita income growth of 3.1%. [29] [30] By 2006 CEOs made 400 times more than average workers—a gap 20 times bigger than it was in 1965. [14]
Compensation for chief executive officers increased by 15.9% in 2020, while workers’ wages rose by just 1.8% for the same period, according to the Economic Policy Institute.