While Cutting Worker Salaries And Laying Off Staff During The Pandemic, Study Finds
By KEITH GRIFFITH
FOR DAILYMAIL.COM
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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In this article:51 bent their own rules in 2020 to pump up executive paychecks, CEO pay rose 29 percent last year, Cutting Worker Salaries And Laying Off Staff During The Pandemic, Half Of The 100 Largest US Employers Of Low-Wage Workers Rigged CEO Pay, Institute for Policy Studies, Rigged CEO Pay To Increase Their Compensation

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