CEO Pay Explodes (Again) In 2014
June 23, 2015
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12:00Now PlayingCEO Pay Explodes (Again) In 2014
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"The United States' chief executive officers made 303 times as much as the average worker in 2014, according to a report from the Economic Policy Institute to be released Monday.
The report from the left-leaning think tank found that average CEO compensation for the largest firms was $16.3 million in 2014, an increase of 3.9% from last year and 54.3% since the end of the financial crisis in 2009.
But not only are CEOs making more money than the average worker, they're also making more money than other top wage earners. CEO compensation in 2013 was almost six times higher than others in the top 0.1% of earners, according to the report."
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