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Stock impact report

The real reasons the CEO-worker pay gap spiraled out of control in America—and what to do about it [Yahoo! Finance]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Yahoo! Finance
compensating their top leaders, while leading a major cultural change and reskilling all workers. Back in 1965, CEOs earned 21 times more than the average worker; by 2023, this ratio had escalated to 290 times . The situation is even worse for 100 out of the S&P 500 corporations, where in 2022 this ratio was 603 times . As a result, real (inflation-adjusted) CEO compensation in large firms increased by 878% from 1978 to 2022, while real worker compensation rose by 4.5% during this period. As the following two graphs show, between 1938 and 1970 it was workers who increased their pay in constant terms; from 1970 on, it was large-firm CEOs who increased their real income more than 900% View this interactive chart on Fortune.com View this interactive chart on Fortune.com Strikingly, before 1970, large firms' real value grew at its highest rate of 6.1% per year , yet their CEO pay growth was 0.1% per year. In stark contrast, after 1970 the growth in large firms' real value declin Show less Read more
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