Under Trump’s agenda, the gap between CEO and workers’ pay has increased to its highest point in about a decade. Average CEO compensation skyrocketed to $19 million last year, and thanks to Trump’s corporate tax breaks, CEOs and wealthy shareholders collected billions more in profits. Meanwhile, the Bureau of Labor Statistics released numbers showing real wages for workers have declined over the past year.
Last year, the average annual compensation for CEOs jumped to $19 million. The pay gap between CEOs and workers became the largest it’s been in a decade.
Washington Post: “Top executives of America’s biggest companies saw their average annual pay surge to $18.9 million in 2017, according to a report released Thursday, fueling concerns about the gulf between the nation’s richest and everyone else. The dramatic 18 percent jump in chief executive pay came as wages for American workers remained essentially flat, pushing the gap between executive compensation and employee pay to its highest point in about a decade.” Continue reading “Trump’s Agenda: CEO Pay Jumped To $19 Million And Real Wages For Workers Declined”