CEOs at these ‘low wage’ S&P 500 companies enjoy lavish salaries while their workers struggle: report
As the wealth gap continues to widen in our K-shaped economy, the gulf between workers and their CEOs is growing too. CEOs of companies on the S&P 500 make, on average, 312 times what their median worker is paid. On a subset of that list, though, the difference is even starker: When looking at the 100 S&P 500 corporations with the lowest median pay, that ratio grows to 615 to 1, up from 566 to 1 in 2019. The Institute for Policy Studies (IPS), a progressive research...
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