October 29, 2015
The Pay Gap Will Ensure That CEOs Enjoy Luxurious Retirement While Workers Keep Struggling
The pay gap between what CEOs make and what they pay their workers is pretty well known. A new report released on Wednesday illuminates a different gap: that between what CEOs…
The pay gap between what CEOs make and what they pay their workers is pretty well known. A new report released on Wednesday illuminates a different gap: that between what CEOs have stashed away for retirement and what their workers have been able to amass.
The report from the Center for Effective Government and the Institute for Policy Studies looks at the retirement accounts among CEOs at Fortune 500 companies and finds that on average they have $49.3 million saved. By contrast, Americans have just $2,500 saved at the median.
…
