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CEO Pay Surpasses Wages

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CEO compensation

Benzinga

Benzinga

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US Politics

US Politics

Ex-U.S. labor secretary Robert Reich: Why do we always hear ‘we can’t afford to pay our workers more’ but never ‘we can’t afford to pay our CEO more’?

Benzinga

Summary

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71% Informative

In 2023 , CEOs at the top 350 U.S. firms earned 290 times more than the average worker.

Average worker pay has only seen a modest increase, just 24% since 1978 , despite a 74.8% rise in overall productivity.

CEO compensation is heavily tied to stock performance and negotiated with corporate boards that often lack independence.

VR Score

73

Informative language

76

Neutral language

18

Article tone

semi-formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

https://x.com/RBReich/status/1926337713482932467 https://www.epi.org/publication/ceo-pay-in-2023/https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102 https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102 https://www.benzinga.com/news/25/05/45317302/trump-renews-effort-to-hike-taxes-on-wealthy-americans-holds-talks-with-mike-johnson-report?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102 https://www.benzinga.com/money/rad-intel?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102 https://www.benzinga.com/money/mode-mobile-2?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102 https://www.benzinga.com/news/25/05/45127511/ceo-pay-surges-50-since-2019-as-worker-wages-stall-oxfam-calls-for-75-tax-on-super-rich-ahead-of-international-workers-day?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=45710102

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3

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