Report: Gap Between CEO, Worker Pay Remains Wide

Abeytia Jan. 2016

Aaron Abeytia

Aaron Abeytia anchors afternoon newscasts on News/Talk 580 & 105.9 KMJ. Read More…

 

 


 

Listen to the report as aired on News/Talk 580 AM & 105.9 FM KMJ

FRESNO, Calif. (KMJ) — CEO pay at S&P 500 companies was 335 times that of rank-and-file workers last year.

According to the American Federation of Labor and Congress of Industrial Organizations, the average production worker earned less than $37,000 last year.

Meanwhile, CEOs averaged $12.4 million.

That’s compared to $36,000 for the rank-and-file, and $13.5 million for CEOs, in 2014.

Extreme executive compensation levels have drawn criticism from many politicians and candidates, including Bernie Sanders, Hillary Clinton, and Donald Trump.

 

 

 

 

 

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