CEOs at 500 major firms make 272 times more than their workers, according to a new report.
That's per the latest executive pay report from the AFL-CIO, which looks at S&P 500 compensation.
On average, CEOs make $16.7 million, a $5 million increase over the last decade.
Over the last ten years, CEOs' paychecks have swelled by $5 million on average — leading to average compensation of $16.7 million in 2022, according to the AFL-CIO's latest iteration of its annual Executive Paywatch report.
On average, CEOs in that field make nearly $38 million.
Persons:
paychecks, Duncan Crabtree, —, Brandon Rees, Rees, Insider's Jennifer Sor
Organizations:
AFL, CIO, Service, SEC, SAG
Locations:
Wall, Silicon, Ireland