Horrendous Pay Gap: CEOs Now Make 335 Times More Than Average Worker. 

Posted on May 22, 2016


Reuters, Ross Kerber

“BOSTON (Reuters) – Chief executive officers of S&P 500 companies on average made 335 times more money than U.S. rank-and-file workers last year, down from a multiple of 373 in 2014, according to a union study released on Tuesday.

The figures are issued annually by the AFL-CIO, the largest U.S. federation of labor unions. Pay disparities, which have persisted despite a steady U.S. economy that has reduced the joblessness rate to around 5 percent and raised wages somewhat, have fueled political debate even as large institutional investors support most executive compensation plans.

The average production and non-supervisory worker made around $36,900 last year, up from roughly $36,000 in 2014, according to the AFL-CIO, based on U.S. government reports.”

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