The 11-figure pay package for Tesla CEO Elon Musk is back on the table. A thumbs-up vote by Tesla’s shareholders last week reaffirms a plan that could pave the way for Musk to earn billions on the job. This news shines a fresh spotlight on the wide pay discrepancy between CEOs and rank-and-file workers in America.
It’s no secret that worker pay is a fraction of what the highest-paid executives in the corner office take home. Recent CEO compensation studies illustrate how top-heavy the nation’s pay scale is. They also show how wide the pay gap is between top executives and workers farther down the organizational chart.
