CNN shared This Company CEO Made 6,666 More Than It’s Typical Worker. While this is outragous it is just another example of the “new normal”. A normal in which executives are paid triple digit multiples of their employees earnings. For example….
CEOs at the largest public companies took home $18.9 million last year, or 285 times as much as the typical US worker’s paycheck of $49,500. That’s up from a ratio of 268 to 1 a year earlier, according to the AFL-CIO, a powerful federation of labor unions representing 15 million workers.
The typical employee would have had to start working in 1740 to earn what the average CEO received in 2024, the report noted.
For a little context, the AI generated picture below is of an autoworker from the year 1740. This year he finally matched the money the average CEO in America earned in one year!
