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

 

Get Advice Join TDU Donate

Recent News

TDU at Labor Notes 2024

TDU members joined over 4000 activists, organizers and troublemakers from across the labor movement at this year's Labor Notes conference in Chicago. 

UPS Operating Profits For First Quarter: $1.7 Billion

Today, UPS released its first quarter earnings report. The company made $1.7 billion in profit for the first quarter. Profitability beat expectations.

View More News Posts