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Over the past five decades, CEO pay has skyrocketed — but the average wage for workers hasn’t.
A new report from the left-leaning Economic Policy Institute, authored by Lawrence Mishel and Jori Kandra, finds that CEO compensation has grown by 1,322% between 1978 and 2020.
In contrast, the report finds that the typical worker saw their compensation grow by just 18% during that time period.
As Insider’s Ben Winck and Andy Kiersz previously reported, wages have made up less and less of the country’s gross domestic product over the past five decades. As the economy grew, details ⇒
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