Press Release
CEOs Paid 373 Times Average Worker, CEO Pay Increased 16 Percent in 2014
… behind a robust raising wages agenda for working families, CEO pay for major U.S. companies has skyrocketed. According to the new AFL-CIO Executive PayWatch, CEO pay increased nearly 16 percent in 2014. The Executive Paywatch website, the most … approximately $36,000 per year, while S&P 500 company CEO pay averaged $13.5 million per year – a ratio which has grown to 373-to-1. “America faces an income inequality crisis because corporate CEOs have taken the raising wages agenda and … largest employer, earns $9,323 an hour compared to $9 for a beginning employee salary. A new employee would have to work for 1036 hours just to equal the pay McMillon earns in one hour. PayWatch also highlights the wealth of the six Walton …