The Economic Policy Institute has published CEO pay declined in 2023…
Key findings
- From 1978–2023, top CEO compensation shot up 1,085%, compared with a 24% increase in a typical worker’s compensation.
- In 2023, CEOs were paid 290 times as much as a typical worker—in contrast to 1965, when they were paid 21 times as much as a typical worker.
So how did General Motors CEO Mary Barra do? Do we need to start a GoFundMe for her? Not according to this graphic from AFLCIO.org Executive Paywatch.
As many CEO’s suffered a down year, only being paid 290 times as much as their employees GM bucked (pun intended) the trend. Mary Barra was paid 303 times as much as the median employee. Imagine what the multiplier would be if they weren’t mandating every Saturday?
