WOAH: CEOs Unbelievable Earnings To Each Dollar Their Own Workers Make UNVEILED

CEOs of top 100 ‘low-wage’ US firms get exposed by report revealing despicable amounts earned compared to each dollar their workers below them make. Adrienne Lawrence and Brett Erlich break it down on The Damage Report.

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CEOs of top 100 ‘lowwage’ US firms earn $601 for every $1 by worker, report finds

"The CEOs of the top 100 companies paying the lowest wages made an average of $601 for every $1 earned by the average worker last year as executive compensation continued to climb to record highs.

A new report from the Institute for Policy Studies singles out which 100 companies in the S&P 500 pay their workers the least, companies the report dubs the “low-wage 100”. These companies paid their employees – including workers outside the US and part-time workers – a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m.

Many of these companies also invest millions each year in stock buybacks – when a company buys shares of its own stock as a way to boost stock prices and give more money to shareholders. Of the “low-wage 100”, 90 companies conducted stock buybacks, spending a collective $341.2bn buying their own shares from January 2020 to May 2023."

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