CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%

Photo caption: Tesla CEO Elon Musk speaks during a tech fair at the Porte de Versailles exhibition center in Paris on June 16, 2023. Photo credit: Alain Jocard / AFP via Getty Images. Article by Jessica Corbett. Common Dreams – September 19, 2024. Economic Policy Institute Report: CEO Pay Declined in 2023.

Chief executive officers at the largest companies in the United States saw their compensation surge by 1,085% from 1978 to 2023, compared with only a 24% increase for typical worker pay, according to an annual report published Thursday. The Economic Policy Insitute (EPI) analysis focuses on the 350 largest publicly owned U.S. firms by revenue. […]

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