CEOs earning millions while companies lay off workers sparks debate. Cutting CEO pay may have minimal direct impact on employee salaries. Median CEO pay ratio in S&P 500 was 192-to-1 in 2024, with stock awards making up majority. Hypothetically, redistributing CEO pay could boost employee compensation, especially in small companies. High CEO-to-median-employee pay ratios can hurt employee morale and productivity. Comparing pay ratios among similar companies can reveal important business insights.

Read more at Yahoo Finance: If CEOs Took a 50% Pay Cut, How Much Would Workers Earn Instead?