In 2021, based on pay scales at 340 of the S&P 500 companies, it would take the median worker at least 186 years to earn what their CEO did.
As stocks soared last year, S&P 500 CEOs saw their median comp packages reach $14.5m, up 17.1% from 2020, according to data from Equilar and AP News.
Notably, median compensation for workers rose just 4.4%, failing to beat inflation which rose some 7%.
It’s important to note: CEO compensation is heavily tied to companies’ stock performances, and they can’t necessarily cash in on these packages for years.
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