When it come to pay CEOs, USA is a festival of income inequality

 

Top headline:  Economic Policy Institute, 10/4/2022

Do the math at DollarTimes

In 2021, the ratio of CEO-to-typical-worker compensation was 399-to-1 under the realized measure of CEO pay; that is up from 366-to-1 in 2020 and a big increase from 20-to-1 in 1965 and 59-to-1 in 1989. CEOs are even making a lot more than other very high earners (wage earners in the top 0.1%)—almost seven times as much. From 1978 to 2021, CEO pay based on realized compensation grew by 1,460%, far outstripping S&P stock market growth (1,063%) and top 0.1% earnings growth (which was 385% between 1978 and 2020, according to the latest data available). In contrast, compensation of the typical worker grew by just 18.1% from 1978 to 2021.  [emphasis added]

 

The minimum wage would have increased to $41.34 per hour if it had kept pace with CEO pay since 1978.

 When we see a similar headline for slowing growth for CEO pay?

Truthout, 10/7/2022