CEOs Make a Lot More Than You (And It’s Getting Worse)

July 3, 2013

In case you missed it, the New York Times published two articles last weekend that captured the dramatic disparity between workers’ wages and executive pay at large corporations across the country.  While median working family incomes fell last year, median CEO and executive compensation skyrocketed and lucrative executive retirement packages continued to expand.  These lucrative plans, known as “Golden Parachutes,” have increased despite years of public outcry as companies have chipped away at workers’ pensions and retirement plans.  At the same time, a coalition of CEOs and corporations are advocating cuts to earned Social Security and Medicare benefits as they rake in lavish retirement and bonus packages.

Previous Article
Trumka Statement on Delayed Employer Responsibility Assessments in the Affordable Care Act
Trumka Statement on Delayed Employer Responsibility Assessments in the Affordable Care Act

AFL-CIO President Richard Trumka released the following statement on the...

Next Article
Rhode Island Legislature Passes Paid Family Leave Bill
Rhode Island Legislature Passes Paid Family Leave Bill

Rhode Island appears set to become the third state to require paid family leave for...