In 2013, CEOs of S&P 500 companies made 331 times as much as their employees. Your average American worker not in a supervisory role made $35,239, while the average CEO made $11.7 million, according to the AFL-CIO Executive Paywatch website. CEO pay has increased a whopping 937 percent since 1978, according to a new report by the Economic Policy Institute.
Between 2000 and 2007, the median worker saw wage growth of just 2.6 percent, despite productivity growth of 16.0 percent, while the 20th percentile worker saw wage growth of just 1.0 percent and the 80th percentile worker saw wage growth of just 4.6 percent.
The average value of stock awarded to CEOs surged 17 percent last year to $4.5 million, the largest increase. And stocks are way up, The S&P 500 jumped 30 percent last year, compounding the size of the CEOs' paydays. Why doesn’t everyone’s income go up as stocks go up? Because most stock is owned by the wealthiest 1% with spillover to the next 9%. The “bottom” 60% of all Americans own only 2.5% of all corporate stock.
http://www.alternet.org/economy/8-reasons-some-ceos-make-331-times-much-their-employees?paging=off¤t_page=1#bookmark
Between 2000 and 2007, the median worker saw wage growth of just 2.6 percent, despite productivity growth of 16.0 percent, while the 20th percentile worker saw wage growth of just 1.0 percent and the 80th percentile worker saw wage growth of just 4.6 percent.
The average value of stock awarded to CEOs surged 17 percent last year to $4.5 million, the largest increase. And stocks are way up, The S&P 500 jumped 30 percent last year, compounding the size of the CEOs' paydays. Why doesn’t everyone’s income go up as stocks go up? Because most stock is owned by the wealthiest 1% with spillover to the next 9%. The “bottom” 60% of all Americans own only 2.5% of all corporate stock.
http://www.alternet.org/economy/8-reasons-some-ceos-make-331-times-much-their-employees?paging=off¤t_page=1#bookmark
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