Thursday, 9 June 2022

CEOs are enjoying huge paydays while their workers struggle to pay bills

CEOs are enjoying huge paydays while their workers struggle to pay bills

Despite all the buzz about the “Great Resignation” and a renaissance for the working classes in America, a new report finds the gap between executive and worker pay is only widening. The typical low-wage worker’s pay didn’t keep pace with inflation last year at more than a third of the companies reviewed by the Institute for Policy Studies, a progressive think tank. IPS’ survey included the 300 publicly traded companies with the lowest median pay for workers.
Read more: https://www.cnn.com/2022/06/07/economy/ceo-pay-gap-median-worker-wages/index.html?source=Snapzu

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