While the average American is living from paycheck to paycheck, the executives in the C-suite are taking home millions in wages and compensation, highlighting the widening income disparity in the U.S.
The average pay of chief executive officers working for the largest 3,000 companies in the U.S. climbed to $6.4 million in 2014 from $5.5 million in the previous year while the median CEO pay jumped 12.7% on the strength of higher pensions, according to data from ISS Corporate Solutions. Continue reading “Average worker must work 127.7 years for 1 year of CEO pay”

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