CEOs of the top 500 companies in the U.S. earned 324 times more money in 2021 than their employees, with executive compensation climbing $2.8 million dollars in the past year on average as worker wages declined, according to an AFL-CIO report.
While the report found that real worker wages fell 2.4 percent in 2021 after adjusting for inflation, the average compensation for the top CEOs in the nation last year was $18.3 million, a more than $5 million increase over the past decade.
CEOs of the top 500 companies in the U.S. earned 324 times more money in 2021 than their employees, with executive compensation climbing $2.8 million dollars in the past year on average as worker wages declined, according to an AFL-CIO report.
While the report found that real worker wages fell 2.4 percent in 2021 after adjusting for inflation, the average compensation for the top CEOs in the nation last year was $18.3 million, a more than $5 million increase over the past decade.
CEO pay, which includes salary, stocks, bonuses and nonequity incentives, rose 18.2 […]
No one needs a billion dollars. It would take me 4,000 LIFETIMES to make 1 billion dollars. If I was a billionaire, I would use the money to help all the poor people in the world, and only keep a small amount for myself.