CEO Salaries Skyrocket 1,085% Since 1978
From 1978 to 2023, chief executive officers at America’s largest firms experienced a dramatic 1,085% increase in compensation, while the average worker’s salary rose by just 24%, as highlighted in a recent annual report.
The report, produced by the Economic Policy Institute (EPI), scrutinizes compensation trends at the top 350 publicly traded U.S. companies measured by revenue. The methodology for assessing CEO pay, which predominantly comprises stock-based components, involves both a retrospective view using realized compensation and a prospective angle via granted compensation.