- A study by the AFL-CIO finds CEOs in the S&P 500 made 285 times more than their employees last year. The largest pay disparity was at Starbucks, where CEO Brian Niccol made 6,666 times as much as the median worker. As CEOs saw 7% raises, the average worker’s paycheck went up just 3%.
It’s a good time to be a CEO. A new study by the AFL-CIO found the average corporate leader saw their compensation increase by $1.24 million last year. On average, the federation of unions says, CEOs at the nation’s largest companies made 285 times what the average worker did. A year ago, that ratio was 268:1.
