Exec makes 1,795 times more than worker

Home /
News

Exec makes 1,795 times more than worker

Posted on May 01, 2013

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.

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

Labor Movement news

Do you like this post?

Get Advice Join TDU Donate

Recent News

Teamsters Back Bill Requiring Employers to Bargain With Newly Organized Workers

March 07, 2025

The Teamsters are backing the Faster Labor Contracts Act (FLCA), a new bill introduced by Sens. Josh Hawley (R-MO) and Cory Booker (D-NJ) that would require employers to start contract negotiations with newly organized workers within 10 days of voting to form their union.

NLRB Board Member Gwynne Wilcox Is Reinstated

March 07, 2025

NLRB Board member Gwynne Wilcox has been reinstated, restoring the Board's quorum and enabling it to resume issuing decisions about violations of workers' rights to organize.

View More News Posts

Members' Rights

Stewards Toolbox