Read

User menu

Search form

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

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

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.

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

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

The American people clearly spoke, and the drubbing Democrats received requires looking beyond just issue polls, voting patterns, campaign strategy, or get-out-the-vote tactics.

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.

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

If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

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

Posted 4 weeks 1 day ago

Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.

Posted 1 month 2 weeks ago

President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.

Posted 1 month 6 days ago

If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.

Posted 1 month 6 days ago

The country has never moved as close to the course it took under Benito Mussolini as it is doing now — and even if Meloni is not a neo-fascist politician, she has put herself in a position to appeal to and broaden fascism's political base.

Posted 1 month 3 weeks ago