CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:50:00
Average ceo made $10.6 million a year, the average low wage worker took home just under $24,000. the ips report called out big box retailers specifically for spending enormous sums on buybacks while cutting median worker pay. and the point there is that even in many of those low wage industries they saw the biggest pay increases during the pandemic, right? but the ceos saw even bigger pay increases. >> the gulf there is just stark when you see it laid out. >> when times are good, ceo pay raises faster than everybody else. when times are bad, ceo pay raises faster than anyone else. i sense a pa...