A new rule requires companies to disclose the pay gap between CEOs and employees and the results are in.
The Securities and Exchange Commission has approved a new rule requiring publicly traded U.S. companies to disclose the pay gay between CEO’s and employees. According to USA TODAY, the results show that the average CEO was paid 216 times more than median employees. This is drastically different than in the 1950’s when average CEO was paid only 20 times more showing that the gap has been growing drastically over the years.
Here is a list of the top 9 paid CEOs in comparison to their median worker pay courtesy of USA TODAY:
What do you think about this pay gap? Should CEOs be making less or should employees be paid more? Sound off below.
The views and opinions expressed herein are those of the authors alone and do not necessarily reflect the views of Ora Media, LLC its affiliates, or its employees.
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