CEO pay has surged 1,085% since 1978, while worker pay has only increased 24%.

From Yahoo Finance: 2025-05-31 09:33:00

Former labor secretary Robert Reich highlighted the drastic gap between CEO pay, which has surged 1,085% since 1978, and stagnant wages for workers. A report from the Economic Policy Institute revealed that in 2023, CEOs at the top 350 U.S. firms earned 290 times more than the average worker, a significant increase from 1965. CEO compensation has outpaced even the earnings of the top 0.1% of wage earners, indicating excessive income. To address this imbalance, the report suggests policies like raising taxes on top incomes and tying corporate tax rates to CEO-to-worker pay ratios. Shareholders could also have more power to approve executive compensation packages.



Read more at Yahoo Finance: Robert Reich Says ‘CEO Pay Is Up 1,085% Since 1978,’ Worker Pay Up Only 24%. Asks, Why Is It Always ‘We Can’t Afford Workers,’ But Never CEOs?