While Cutting Worker Salaries And Laying Off Staff During The Pandemic, Study Finds
By KEITH GRIFFITH
Of the 100 S&P 500 firms with the lowest median worker wages, 51 bent their own rules in 2020 to pump up executive paychecks, according to a new study.
The study from the Institute for Policy Studies found that at those 51 companies, the average CEO pay rose 29 percent last year, to $15.3 million, while worker wages dropped 2 percent.
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