CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
- CEO pay growth in S&P 500 companies slowed to a median of $14.8 million, a 0.9% increase, the smallest since 2015.
- The pay disparity between CEOs and rank-and-file workers has been widening for years, with worker pay failing to keep up with inflation, and the median pay for workers at companies surveyed at $77,178, taking 186 years to make what a CEO making the median pay earned just last year.
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CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
After ballooning for years, CEO pay growth is finally slowing. The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median of $14.8 million, according to data analyzed for The Associated Press by Equilar. That means half the CEOs in the survey made more and half made less. It was the smallest increase since 2015. Still, that’s unlikely to quell mounting criticism that CEO pay has become e…
·Bowling Green, United States
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Total News Sources92
Leaning Left34Leaning Right4Center48Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 40%
C 56%
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