{"id":161375,"date":"2015-06-23T15:21:49","date_gmt":"2015-06-23T15:21:49","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/?p=161375"},"modified":"2015-06-23T15:21:49","modified_gmt":"2015-06-23T15:21:49","slug":"us-ceos-earn-300-times-average-workers-report","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/latest-news\/us-ceos-earn-300-times-average-workers-report\/","title":{"rendered":"US CEOs earn 300 times as average workers: Report"},"content":{"rendered":"<div id=\"item-text\">\n<p><strong>Amid growing concern over income inequality, the most senior corporate officers in the United States made over 300 times as much as the average worker last year, according to a new report released Monday.<\/strong><\/p>\n<p>US chief executive officers (CEO) earned 303 times more than a &#8220;typical&#8221; worker in 2014, according to the Economic Policy Institute, a left-leaning think tank based in Washington, DC.<\/p>\n<p>The report found that average CEO compensation for the largest firms was $16.3 million in 2014, an increase of 3.9 percent from last year and 54.3 percent since the end of the Great Recession in 2009.<\/p>\n<p>This compared to the average industrial worker that is still experiencing stagnant wages and a labor market that has seen wages drop by an average of 1.7 per cent since 2009.<\/p>\n<p>CEO compensation in 2013 was also nearly six times higher than others in the top 0.1 percent of earners, according to the study.<\/p>\n<p>The report said CEO compensation growth did not reflect greater productivity for executives or a higher skill set, but &#8220;the power of CEOs to extract concessions.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.presstv.ir\/Detail\/2015\/06\/23\/417167\/US-CEO-earn-303-average-worker-\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid growing concern over income inequality, the most senior corporate officers in the United States made over 300 times as much as the average worker last year, according to a new report released Monday. US chief executive officers (CEO) earned 303 times more than a &#8220;typical&#8221; worker in 2014, according to the Economic Policy Institute, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":161376,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487,52,18],"tags":[],"class_list":{"0":"post-161375","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"category-money","9":"category-latest-news"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/161375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=161375"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/161375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/161376"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=161375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=161375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=161375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}