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** CEO pay is up 940% since 1978 ([link removed])
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In EPI’s latest analysis of CEO pay ([link removed]) , Distinguished Fellow Larry Mishel and Research Assistant Julia Wolfe find that CEO pay has grown 940% since 1978, while typical workers’ pay grew only 12% during that time. According to the analysis, CEOs were paid an average of $17.2 million in 2018, 278 times what typical workers were paid. For comparison, the CEO-to-worker pay ratio was 20-to-1 in 1965 and 58-to-1 in 1989. Extraordinarily high CEO pay is not a reflection of increased productivity or high-demand skills but of CEOs’ power to set their own pay—and is a major contributor to rising inequality. Read the report » ([link removed])
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** CEO pay is up 940% since 1978
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** EPI summer tote bag promotion ([link removed])
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When you donate to EPI, you’re supporting the research behind the worker power movement and fight for economic justice. Now, for a limited time, you will receive a free EPI tote bag as a thank you for donations of $50 or more. Strong, sturdy, and union made, these tote bags reflect EPI’s mission to use research to bring the voices of the voiceless to the halls of power. Support our drive to help build a better and more equitable country by donating today. Donate today » ([link removed])
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** A look ahead: EPI’s fall book series ([link removed])
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Join us in September to kick off our fall book series, featuring work by labor experts and advocates. Register today » ([link removed])
* Sept. 4, 12:00 p.m.–1:30 p.m.: The Stakes with Robert Kuttner ([link removed])
* Sept. 9, 2:00 p.m.–3:30 p.m.: Beaten Down, Worked Up with Steven Greenhouse ([link removed])
* Sept. 10, 4:00 p.m.–5:30 p.m.: Living and Dying on the Factory Floor with David Ranney (co-sponsored with the Institute for Policy Studies) ([link removed])


** From the EPI blog
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** EPI in the news
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CBS MoneyWatch ([link removed]) covered EPI’s latest analysis of CEO pay, speaking with Larry Mishel about the relationship between CEO pay and performance. “When every industry stock goes up, [CEOs’] stock goes up,” said Mishel, “and they’re rewarded as though they hit a triple. That’s not for performance as they are sitting in the bleachers.” | CEOs Rake in 940% More Than 40 Years Ago, While Average Workers Earn 12% More ([link removed])
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Mishel also told Yahoo Finance ([link removed]) that the “[destruction of the] collective bargaining system in this country” is the primary cause of workers’ inability to get wage increases, resulting in the widening income gap. | CEO Compensation Is Up 1,000% from What It Used to Be. Worker Pay? Not So Much. ([link removed])
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Joining a union is the best way to address issues in the workplace, according to an op-ed ([link removed]) by Kayla Blado, EPI director of media relations and president of the Nonprofit Professional Employees Union. Said Blado, “Being in a union means that you and your coworkers work together to fix the problems at your workplace, and then negotiate for solutions with management. Whether this means collectively bargaining for raises, vacation time, better healthcare or more clear-cut job duties, there is an undeniable strength in a union.” | The Answer to Burn Out at Work Isn’t “Self-Care”—It’s Unionizing ([link removed])
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Presidential candidate Mayor Pete Buttigieg cited an EPI report ([link removed]) in his proposal to put an end to so-called right-to-work laws and return bargaining power to workers. | Democratic Presidential Hopefuls Vow to End Right-to-Work Laws ([link removed])
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Valerie Wilson, EPI’s director of the Program on Race, Ethnicity, and the Economy (PREE), joined the hosts of the Make Me Smart ([link removed]) podcast to discuss the history and politics of racial inequality and the latest research on it. | The Economy Still Isn’t Working for People of Color ([link removed])
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The cost of excessive CEO pay
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