{"id":172034,"date":"2024-09-20T13:36:12","date_gmt":"2024-09-20T17:36:12","guid":{"rendered":"https:\/\/ncrc.org\/?p=172034"},"modified":"2024-09-20T13:36:16","modified_gmt":"2024-09-20T17:36:16","slug":"cnn-ceos-are-making-almost-200-times-what-workers-are","status":"publish","type":"post","link":"https:\/\/ncrc.org\/cnn-ceos-are-making-almost-200-times-what-workers-are\/","title":{"rendered":"CNN: CEOs Are Making Almost 200 Times What Workers Are"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">CNN, June 4, 2024, <a href=\"https:\/\/amp.cnn.com\/cnn\/2024\/06\/04\/business\/ceo-pay-workers-inequality\" target=\"_blank\" rel=\"noopener\">CEOs Are Making Almost 200 Times What Workers Are<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CEOs are raking in fat pay packages as the US stock market booms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bosses have always made more money than workers. But the gap between CEOs and employees is growing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The median CEO in the S&amp;P 500\u00a0<a href=\"https:\/\/www.equilar.com\/reports\/110-equilar-associated-press-ceo-pay-study-2024.html\" target=\"_blank\" rel=\"noopener\">was paid 196 times<\/a>\u00a0as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s up from a ratio of 185 in 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The widening divide is driven by the fact that CEO pay \u2014 which is closely tied to share prices \u2014 is rising notably faster than that of employees. Many workers, in fact, are struggling to keep up with the cost of living.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The jump in 2023 alone was significant. Median total compensation for S&amp;P 500 CEOs (including stock awards) soared to $16.3 million in 2023 \u2014 a huge year-over-year increase of 12.6%, compared to just 0.9% in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNN, June 4, 2024, CEOs Are Making Almost 200 Times What Workers Are CEOs are raking in fat pay packages as the US stock market booms. Bosses have always made more money than workers. But the gap between CEOs and employees is growing. The median CEO in the S&amp;P 500\u00a0was paid 196 times\u00a0as much as [&hellip;]<\/p>\n","protected":false},"author":3663,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"page_builder":"","footnotes":""},"categories":[1371],"tags":[],"class_list":["post-172034","post","type-post","status-publish","format-standard","hentry","category-radar"],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"NCRC","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"CNN, June 4, 2024, CEOs Are Making Almost 200 Times What Workers Are CEOs are raking in fat pay packages as the US stock market booms. Bosses have always made more money than workers. But the gap between CEOs and employees is growing. The median CEO in the S&amp;P 500\u00a0was paid 196 times\u00a0as much as&hellip;","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/172034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/3663"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=172034"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/172034\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=172034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=172034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=172034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}