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Chief executives at companies in the S&P 500 index made $16.7 million on average in 2022, or 272 times the pay of their median workers, a new study showed on Thursday.
New York (CNN) — The gulf between a CEO’s paycheck and their typical employee’s has always been vast. But the advent of AI is already threatening to exacerbate that gap,
A new report details the wide disparity between record-high earnings by the leaders of top U.S companies even as worker earnings shrank when adjusted for inflation. Last year average CEO compensation rose by over 18% to $18.3 million.
In 2021, corporate profits and CEO salaries soared while average workers across the U.S. watched the real value of their earnings shrink amid the ravages of record-high inflation, according to a new analysis from the AFL-CIO.
CEOs of S&P 500 index companies averaged $18.3 million in total compensation in 2021, an 18.2% year-over-year increase.