CEO Pay Far Outpacing Workers' Meager Gains

October 15, 2020 0 By PENTICTONLAWYERS

CEO pay is massively outpacing that of regular workers, a new study shows.

Released Thursday from the Economic Policy Institute, the analysis looks at CEO compensation at the top 350 publicly traded firms and reveals a staggering pay disparity.

From 1978 to 2013, CEO compensation increased 937 percent. Yet compensation for a typical worker over the same time span increased just 10.2 percent.

CEOs made an average of $15.2 million in 2013. That’s a CEO-to-worker compensation of roughly 296-to-1. In 1965, in contrast, CEO-to-worker compensation was just 20-to-1; in 1995 it was roughly 123-to-1.