{"id":25030,"date":"2015-05-13T08:18:44","date_gmt":"2015-05-13T13:18:44","guid":{"rendered":"https:\/\/www.smart-union.org\/?p=25030"},"modified":"2015-05-13T08:18:44","modified_gmt":"2015-05-13T13:18:44","slug":"afl-cio-releases-executive-pay-watch-report","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/afl-cio-releases-executive-pay-watch-report\/","title":{"rendered":"AFL-CIO Releases Executive Paywatch Report","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Today, the AFL-CIO released this year\u2019s edition of its Executive Paywatch\u2014the most comprehensive searchable database online that measures and tracks CEO pay. Last year, CEO pay for major U.S. companies\u2014already considered exorbitant\u2014increased nearly 16 percent. While an S&P 500 company CEO averaged $13.5 million per year, the average production worker in the United States earned […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":9,"featured_media":25032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"member_types":[],"acf":[],"yoast_head":"\n<\/a>Today, the AFL-CIO released this year\u2019s edition of its Executive Paywatch\u2014the most comprehensive searchable database online that measures and tracks CEO pay. Last year, CEO pay for major U.S. companies\u2014already considered exorbitant\u2014increased nearly 16 percent.
\nWhile an S&P 500 company CEO averaged $13.5 million per year, the average production worker in the United States earned $36,000 per year\u2014an alarming ratio of 373-to-1.
\nThis 2015 edition of Paywatch (www.paywatch.org<\/a>) shines its light on Walmart, where the CEO of the nation\u2019s largest employer, Doug McMillon, earns $9,323 an hour. An entry-level Walmart employee earning just $9 an hour would have to work for 1,036 hours just to equal the pay McMillon earns in one hour. That\u2019s nearly a half a year, assuming that employee works 40-hour weeks. \u00a0The report also also delves into the wealth of the six Walton family members who have more combined wealth than the total wealth of 43 percent of America\u2019s working families.
\nFor more information on CEO pay, visit www.paywatch.org<\/a>.
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