Thread regarding ExxonMobil Corp. layoffs

CEO makes 125 times average worker pay per year

2021 CEO pay: $23,572,488
Median worker pay: $189,082
Pay ratio: 125 to 1

In 2021, CEOs of S&P 500 companies received, on average, $18.3 million in total compensation. CEO pay rose 18.2%, faster than the U.S. inflation rate of 7.1%.

In contrast, U.S. workers’ wages fell behind inflation, with worker wages rising only 4.7% in 2021. The average S&P 500 company’s CEO-to-worker pay ratio was 324-to-1.

Runaway CEO pay is a symptom of greedflation — when companies increase prices to boost corporate profits and create windfall payouts for corporate CEOs.

https://aflcio.org/paywatch/company-pay-ratios?combine=XOM&industry=All&state=All&sp500=1

https://aflcio.org/paywatch/company-pay-ratios?combine=XOM&industry=All&state=All&sp500=1

by Anonymous
| 1770 views | | 9 replies (last ) | Reply
Post ID: @OP+1jww3Iwl
Comment! It's anonymous!

9 replies (most recent on top)

This is America

by Anonymous
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Post ID: @2cbk+1jww3Iwl

@qdv learn some math bruh...I think you mean 100 employees are worth 1 CEO. I hope you don't work with numbers.

by Anonymous
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Post ID: @2uzm+1jww3Iwl

That seems about right actually. Clearly you don't think 10 of you is worth one Woods, right? You are a chump in comparison.

by Anonymous
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Post ID: @1qdv+1jww3Iwl

EM’s new hire CFO paid more in past year than average S&P 500 CEO.

I predict they will give each other multi million dollar bonuses this month and give workforce zero.

by Anonymous
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Post ID: @smh+1jww3Iwl

Looking forward to my robust raise! Funny how executives say raises will be robust but also say they have no idea what the salary program is.

by Anonymous
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Post ID: @oel+1jww3Iwl

“ During times of universal deceit, telling the truth becomes a revolutionary act.”

by George Orwell
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Post ID: @aue+1jww3Iwl

Funny how the CEO benchmark keeps going up up up faster and faster while our benchmark doesn’t even keep up with inflation.

by Anonymous
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Post ID: @bjc+1jww3Iwl

It’s benchmarking, so it has to be right. Right?

by Anonymous
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Post ID: @ncd+1jww3Iwl

It's ridiculous, but nothing we can do about it. It's about the going rate.

In comparison....
Warren Buffett received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security.

by Anonymous
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Post ID: @lvr+1jww3Iwl

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