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In EPI’s latest analysis of CEO pay, 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 »
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CEO pay is up 940% since 1978
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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 »
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Join us in September to kick off our fall book series, featuring work by labor experts and advocates. Register today »
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Joining a union is the best way to address issues in the workplace, according to an op-ed 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
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The cost of excessive CEO pay
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