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CEOs made nearly 200 times what their workers got paid last year

Posted on AllSides June 4th, 2024
From The Left

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.

The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023. At half the companies in this year’s pay survey, it would take the worker at the middle...

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https://apnews.com/article/ceo-pay-compensation-ratio-workers-fa25db3338b68ad9eb395dfd46190383

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