Read

User menu

Follow:

Search form

Main menu

CEO's Made 331 Times As Much as Their Workers Last Year

CEO's Made 331 Times As Much as Their Workers Last Year
Tue, 6/3/2014 - by Matt Murphy
This article originally appeared on Gawker

Paging Dr. Piketty: In 2013, CEOs of S&P 500 companies made 331 times as much as their employees, according to the AFL-CIO's "Executive Paywatch" report.

Business Insider breaks down how the pay gap between executives and workers has changed over the past three decades:

In 1983, the average CEO made 46 times the pay of the average worker, and this ratio would skyrocket through the boom years of the 90s, with CEOs making 455 times what workers made. After the tech boom receded, the CEO to worker ratio leveled off somewhat, but has risen a little in the last few years.

Last year, the average American nonsupervisory worker made $35,239, and the average CEO took home $11.7 million in total pay.

A separate section of the AFL-CIO's report highlights another sad but unsurprising disparity: those highly paid CEOs are 95 percent white and 95 male.

Originally published by Gawker

income inequalityGawkerAFL-CIOcorporate capitalismThomas Piketty

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

The Opposition Needs to Make Elon Musk's Coup Its Sole, Singular Focus

It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.

// Read more
Support Oppositional Press—Not Media Owned by Fascist Collaborators

Over the next four years, we’re about to be inundated with a flood of lies—including from federal agencies themselves.

// Read more
The Opposition Can't Allow Itself to Be Distracted By Shiny Objects

We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.

// Read more
Democrats Have a Massive Opportunity as a Pure Opposition Party

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

// Read more
Luigi Mangione and Daniel Penny Display the Scale of Acceptance for Vigilante Violence

This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.

// Read more
The Opposition Needs to Make Elon Musk's Coup Its Sole, Singular Focus

It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.

// Read more
Support Oppositional Press—Not Media Owned by Fascist Collaborators

Over the next four years, we’re about to be inundated with a flood of lies—including from federal agencies themselves.

// Read more
The Opposition Can't Allow Itself to Be Distracted By Shiny Objects

We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.

// Read more
Collectively Resisting Fascism and Building Alternatives in Naples

The way the urban commons create a space to solve material problems and enable social movements to forge city-wide networks are antidotes to people being attracted towards the far-right.

// Read more
Democrats Have a Massive Opportunity as a Pure Opposition Party

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

// Read more
Luigi Mangione and Daniel Penny Display the Scale of Acceptance for Vigilante Violence

This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.

Posted 1 month 3 weeks ago
// Read more
Democrats Have a Massive Opportunity as a Pure Opposition Party

Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.

Posted 1 month 7 hours ago
// Read more
Support Oppositional Press—Not Media Owned by Fascist Collaborators

Over the next four years, we’re about to be inundated with a flood of lies—including from federal agencies themselves.

Posted 1 week 1 day ago
// Read more
The Opposition Can't Allow Itself to Be Distracted By Shiny Objects

We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.

Posted 2 weeks 2 days ago
// Read more
Collectively Resisting Fascism and Building Alternatives in Naples

The way the urban commons create a space to solve material problems and enable social movements to forge city-wide networks are antidotes to people being attracted towards the far-right.

Posted 2 weeks 2 days ago
// Read more
The Opposition Can't Allow Itself to Be Distracted By Shiny Objects

We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.

// Read more
Collectively Resisting Fascism and Building Alternatives in Naples

The way the urban commons create a space to solve material problems and enable social movements to forge city-wide networks are antidotes to people being attracted towards the far-right.

// Read more