UNDERNEWS: At Major US Corporations, Employees Would Have to Work 1,000 Years to Earn What CEOs Made in One

October 10, 2019

At Major US Corporations, Employees Would Have to Work 1,000 Years to Earn What CEOs Made in One

Common Dreams - "At the 50 publicly traded U.S. corporations with the widest pay gaps in 2018, the typical employee would have to work at least 1,000 years—an entire millennium—to earn what their CEO made in just one."

That's according to Executive Excess 2019: Making Corporations Pay for Big Pay Gaps, a new report from the Institute for Policy Studies.

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The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

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