CEOs Paid 335 Times Average Rank-and-File Worker; Outsourcing Results in Even Higher Inequality

May 17, 2016 Monika Greenhow

CEO pay for major U.S. companies continues to soar as income inequality and the outsourcing of good-paying American jobs increases. Outsourcing has become a hot presidential election topic with candidates calling out corporations that say they need to save money by sending jobs overseas. Meanwhile, according to the new AFL-CIO Executive Paywatch, the average CEO of an S&P 500 company received an annual income of $12.4 million in 2015—335 times more money than the average rank-and-file worker.

Previous Article
$15 Minimum Wage, Strike Relief Bills Released from New Jersey Labor Committee
$15 Minimum Wage, Strike Relief Bills Released from New Jersey Labor Committee

The release of a $15 minimum wage bill from New Jersey’s Senate Labor Committee is being hailed by the New ...

Next Article
Seven Things You Need to Know About the New Overtime Rules
Seven Things You Need to Know About the New Overtime Rules

According to news reports, the Obama administration will unveil new rules on Wednesday that will make milli...