CEO pay: chief executives rake in 940% more than 40 years ago, while average workers earn 12% more – CBS News

CEOs rake in 940% more than 40 years ago, while average workers earn 12% more

CEO compensation rose 940% from 1978 to 2018, compared with a 12% rise in pay for the average American worker during the same period, according to the Economic Policy Institute. In 2018, average CEO pay at the 350 biggest U.S. companies was $17.2 million.