Thread regarding ExxonMobil Corp. layoffs

66% of Americans give companies a failing grade for CEO pay

Americans are fed up with massive CEO pay packages.

More than 8 in 10 (83%) Americans say it’s important for businesses to avoid a major pay gap between CEOs and average employees,

https://www.cnn.com/2024/06/12/business/ceo-pay-poll-gallup/index.html

200 YEARS
The gap between the person in the corner office and everyone else keeps getting wider. At half the companies in this year’s survey, it would take the worker at the middle of their employer’s pay scale almost 200 years to make what their CEO did — with those CEOs making at least 196 times what their median employee earned, up from 185 times last year.

$16.3 million
That was the median pay package of CEOs last year, up 12.6% from 2022. The $16.3 million marks a midpoint, meaning half the CEOs made more and half made less.

CEO pay jumped nearly 13% last year, more than three times the 4.1% that wages and benefits netted by private-sector workers rose through 2023.

https://apnews.com/article/ceo-pay-packages-2023-numbers-acf14f0a4dc4f8e64aabaa1f0e4632ef

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Post ID: @OP+1t6aqof9

4 replies (most recent on top)

Where my Elon Musk bros at?

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Post ID: @1liv+1t6aqof9

Trickle-down economics at its finest. Just wait, you’ll get your fair share. Just vote straight “R” and have patience.

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Post ID: @1ijd+1t6aqof9

But it gets reflected in our stock price and employee morale, wait, ok, I see what you're saying.

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Post ID: @wrn+1t6aqof9

That's American freedom!

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Post ID: @ojt+1t6aqof9

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