As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers
Allwork
OCTOBER 24, 2022
Within a year during the pandemic, on average CEOs gained “29% raises while their median worker pay fell by 2%,” the Institute for Policy Studies (IPS) found. In the 1950s, a typical CEO made 20 times the salary of his or her average worker, a far cry from today’s environment with ratios among the companies analyzed of 670 to 1. .
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