Two studies by the executive compensation firm Equilar on Friday revealed that CEOs of some of the wealthiest companies in the U.S. are seeing their pay rise at about twice the rate of the workers who make the day-to-day operations of their businesses run.
The Associated Press commissioned a study of compensation for 340 executives at S&P 500 companies which revealed that the CEOs earned raises averaging $800,000 in 2018—a seven percent increase over the previous year.
Workers would need to work 158 consecutive years to earn what their bosses make in one year, the AP reported.
When are we gonna take the gloves off, fellow workers?