American CEOs made almost 200 times what their average worker did last year
CEOs in the S&P 500 earned almost 200 times the amount their average worker did in 2023.
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CEOs in the S&P 500 earned almost 200 times the amount their average worker did in 2023.
The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.
CEOs are raking in fat pay packages as the US stock market booms.
NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at
The chasm between executive compensation and pay for workers widened in 2023, when average employees saw meager gains.