Widening the Gap
The gap between rich and poor is widening, and nowhere is it more apparent than American CEO salaries. While inflation is hammering us little guys, CEOs have figured out how to make skyrocketing prices, labor shortages, and a global pandemic work to line their pockets with even more money. In 2021, CEOs were paid 399 times more than their typical worker — that's a 1,460% increase in average pay since 1978.
Just how wide is the gulf between CEO and worker pay? A recent study by Switch On Business analyzed 100 of America's largest companies to find the one where the wage gap between the CEO and its average worker is the largest. Here are the top 10 companies with the biggest disparities. Hint: you've probably already guessed most of them.
Related: These Big-Name Companies Still Pay Most Workers Under $15 an Hour