US bosses now earn 312 times the average worker's wage, figures show

Astronomical gap between the pay of workers and bosses exposed in report on earnings of America’s top 350 CEOs The chief executives of Amer... thumbnail 1 summary

Astronomical gap between the pay of workers and bosses exposed in report on earnings of America’s top 350 CEOs

The chief executives of America’s top 350 companies earned 312 times more than their workers on average last year, according to a new report published Thursday by the Economic Policy Institute.

The rise came after the bosses of America’s largest companies got an average pay rise of 17.6% in 2017, taking home an average of $18.9m in compensation while their employees’ wages stalled, rising just 0.3% over the year.

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from US news | The Guardian https://ift.tt/2BhlB30

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