CEO pay dwarfs employee pay, AFL-CIO highlights

In 2010, chief executives at some of the nation’s largest companies earned $11.4 million in total pay, on average, far more than the typical American worker, according to the AFL-CIO.

Source: CEO pay dwarfs employee pay, AFL-CIO highlights


The numbers aren’t *quite* that bad. Note that they are comparing CEO compensation at S&P 500 companies versus Bureau of Labor Statistics data on *all* American workers as total CEO:Worker pay disparity; that’s like comparing the average income of Ivy League graduates to the average income of all high school graduates and labeling the result “the value of a college education”. But, the number is pretty bad and reflects a much greater disparity than at some points in the relatively recent past.