fukhueson@lemmy.world to News@lemmy.world · 3 months agoCEO pay declined in 2023: But it has soared 1,085% since 1978 compared with a 24% rise in typical workers’ paywww.epi.orgexternal-linkmessage-square25fedilinkarrow-up1308arrow-down13
arrow-up1305arrow-down1external-linkCEO pay declined in 2023: But it has soared 1,085% since 1978 compared with a 24% rise in typical workers’ paywww.epi.orgfukhueson@lemmy.world to News@lemmy.world · 3 months agomessage-square25fedilink
minus-squarefutatorius@lemm.eelinkfedilinkEnglisharrow-up1·3 months agoAnd average corporate profitability isn’t much different than it was in the late '70s. So that means the CEOs are being massively overpaid, and there’s a weakness in corporate governance that prevents shareholders correcting the problem.
And average corporate profitability isn’t much different than it was in the late '70s. So that means the CEOs are being massively overpaid, and there’s a weakness in corporate governance that prevents shareholders correcting the problem.