One trend has gotten more extreme: America's lowest-paying firms for workers provide massive paychecks to their CEOs. At the same time, everyday costs for workers got a whole lot more expensive. from the left-leaning Institute for Policy Studies, the gap between CEO and median worker pay stretched even further in 2021. Top executives made 670 times more than their workers at the lowest-paying companies — a widening gap from 2020, when they made 604 times more.
The following table shows the companies with the highest CEO-worker pay ratios among the 300 companies in the report:that, in 2020, CEOS made 351 times more than the typical worker. From 1978 to 2020, according to EPI, CEO compensation has grown 1,322%. At the same time, the typical worker's pay rose by just 18% during that time. According to the IPS report, that gap is even starker for the world's lowest earners and their CEOs.
It also comes as pay raises are wiped out by even-faster rising prices. For 106 of the firms that IPS analyzed, the median pay for workers did not keep up with 2021 inflation. In fact, 69 of the firms saw their typical nominal worker pay drop. The report only tracks inflation in 2021, which grew 4.7% on average. Prices have only gotten higher in 2022, with just aSome politicians have taken aim at what they think is"excessive" CEO compensation. In 2021, Sens. Bernie Sanders and Elizabeth Warren — among other progressives — introduced the"
instead of asking why FOX is reporting this, YOU SHOULD BE ASKING WHY THE OTHER NETWORKS AREN'T!!! Especially since Bidens approval on the borders in pooper... Or maybe that's why you and the major networks aren't reporting it? Hmm lmao