Exec makes 1,795 times more than worker

May 1, 2013: A report published yesterday indicates that some corporate CEOs are paying themselves so much that they violate U.S. law. Former J.C. Penney CEO Ron Johnson bagged 1,795 times more than fashion jewelry saleswoman Rebecca Gonzalez in 2011.

The AFL-CIO report on corporate greed cites a Bloomberg News article which notes that corporate execs on average now make 204 times as much as their workers.

The United States leads the world in this corporate greed index, as indicated by this chart.

Read More:

CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law

J.C. Penny CEO Compensation 1,795 Times What Former Fashion Jewelry Saleswoman Made

 


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Vote No at UPS Action Kit

Take action to defeat givebacks at UPS with the latest contract bulletins and Vote No tools.

Central States Pension: Latest Financial Report

The Central States Pension Fund ended the first quarter of 2018 with assets of $14.8 billion, a loss of $172 million for the quarter ending March 31, 2018. However, the loss would have been much worse except for a one-time payment of $467 million by the Kroger Corporation; this was a lump sum payment to pull all Kroger and some Kroger-contractor employees out of the pension fund permanently.

View More News Posts