CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
by Lauren Aratani from US news | The Guardian on (#6E4ER)
The companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
The CEOs of the top 100 companies paying the lowest wages made an average of $601 for every $1 earned by the average worker last year as executive compensation continued to climb to record highs.
A new report from the Institute for Policy Studies singles out which 100 companies in the S&P 500 pay their workers the least, companies the report dubs the low-wage 100". These companies paid their employees - including workers outside the US and part-time workers - a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m.
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