CEO pay up 17% as profits, stocks soar; workers fall behind

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BidenPresident

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NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting.

The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.

The gain towers over the 4.4% increase in wages and benefits netted by private-sector workers through 2021, which was the fastest on record going back to 2001. The raises for many rank-and-file workers also failed to keep up with inflation, which reached 7% at the end of last year.

https://apnews.com/article/2021-median-ceo-pay-df8a253483aebd48be99f50826ef2b49
 
BidenPresident said:
NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting.

The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.

The gain towers over the 4.4% increase in wages and benefits netted by private-sector workers through 2021, which was the fastest on record going back to 2001. The raises for many rank-and-file workers also failed to keep up with inflation, which reached 7% at the end of last year.

https://apnews.com/article/2021-median-ceo-pay-df8a253483aebd48be99f50826ef2b49
Click to expand...

Go be a CEO.
 
"Whatever its composition, the chasm in pay between CEOs and the rank-and-file workers they oversee keeps widening. At half the companies in this year’s pay survey, it would take the worker at the middle of the company’s pay scale at least 186 years to make what their CEO did last year. That’s up from 166 a year earlier.
 
BidenPresident said:
NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting.

The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.

The gain towers over the 4.4% increase in wages and benefits netted by private-sector workers through 2021, which was the fastest on record going back to 2001. The raises for many rank-and-file workers also failed to keep up with inflation, which reached 7% at the end of last year.

https://apnews.com/article/2021-median-ceo-pay-df8a253483aebd48be99f50826ef2b49
Click to expand...

This old argument and paradox again??

1) inflation is high
2) inflation is low

You are AGAIN trying to lump all workers as The Same. This is right out of the Communist Manifesto by Karl Marx.

You want to make money? Make yourself worth something to somebody. It really is very simple.
 
I have always wondered why some people care about what other people earn.

If someone earns a large salary...good for them.
 
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