Study: CEO Pay Increased 127 Times Faster Than Worker Pay Over Last 30 Years
Compensation for chief executives at American companies grew 15 percent in 2011 after a 28 percent rise in 2010, part of a larger trend that has seen CEO pay skyrocket over the last three decades. Workers, on the other hand, have been left behind.
Since 1978, CEO pay at American firms has risen 725 percent, more than 127 times faster than worker payover the same time period, according to new data from the Economic Policy Institute. […]