According to the 2021 edition of the Executive Paywatch report released today by the AFL-CIO, the average CEO-to-worker pay ratio at S&P 500 companies in North Carolina was 235:1 in 2020. On average, North Carolina CEOs made $13,302,100 in total compensation in 2020, up from $12,007,943 in 2019. Results once again show massive CEO-to-worker pay disparity and inequality among S&P 500 companies.
In 2016, the average total compensation for S&P 500 company CEOs was $13.1 million, according to the latest Executive Paywatch report by the AFL-CIO. In contrast, production and nonsupervisory workers earned only $37,632, on average, in 2016—a CEO-to-worker pay ratio of 347 to 1.
North Carolina ranks 4th among states with a dying middle class, according to a recent report by USA Today.
You won’t believe how little these CEOs had to work to do it (or maybe you will).
An alarming report by The Pew Research Center out this week indicates the United States could become the world’s first post-middle class society.
This month the AFL-CIO released this year’s edition of Executive Paywatch—the most comprehensive searchable database tracking CEO pay. Last year, CEO pay for major U.S. companies—already egregious—increased nearly 16 percent. Time for the S.E.C. to crack down!
Think 331 to 1 is a ridiculous pay gap between the average CEO and the average worker? According to a shocking new report by think tank Demos, fast-food CEOs make 1000 times what they pay their average workers, and that’s down from 1200 to 1 in 2012.
The Daily Show’s takedown Thursday night of Fox News’ crusade against unemployment benefits is not-to-be-missed.
RSVP for a free screening of “Inequality for All” at Peace University on Tuesday, Jan. 28.
Let’s have a conversation that matters. Let’s talk about unions.
In the past few decades, CEO pay has skyrocketed while the average worker’s pay has stagnated despite increases in productivity. Learn more about the pervasive inequality in the United States and spread the word.
Despite being more productive, North Carolina wage earners are earning almost 5% less than before the recession. This new economic reality has turned economic convention on its head.
In a capitalist economy, the true job creators are middle class consumers, and taxing the rich to make investments that make the middle class grown and thrive is the single shrewdest thing we can do for the middle class, for the poor, and for the rich.
According to a new report by the Annie E. Casey Foundation, the number of North Carolina children living in high-poverty areas has increased almost 200 percent to 212,000. That number is eight times the increase nationwide since the year 2000.
Middle class wealth has declined sharply over last 40 years as union membership has dropped, according to recent analysis of data from the Census Bureau and the Bureau of Labor Statistics.
