Analysis

CEOs Made 303 Times More than Typical Workers in 2014

Washington, DC–(ENEWSPF)–June 22, 2015. CEOs in the 350 largest U.S. firms were paid an average of $16.3 million in 2014, or 303 times more than the typical worker, according to Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent. This CEO-to-worker pay ratio far exceeds that in earlier years—for example, the ratio was just 20-to-1 in 1965, 30-to-1 in 1978 and 59-to-1 in 1989. In the report, EPI president Lawrence Mishel and research assistant Alyssa Davis find that CEO compensation has increased 997 percent over the last 36 years, a rise nearly double the stock market growth and substantially greater than the 10.9 percent wage growth experienced by typical workers during the same period.

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