Numlock News: May 27, 2022 • Reality TV…

By Walt Hickey Have an excellent weekend! We’re off on Monday in observation of Memorial Day. Bosses The median compensation package for a CEO of an S&P 500 company was up 17.1 percent in 2021 compared to 2020, hitting $14.5 million. That growth vastly outpaces the 4.4 percent increase in wages that private sector workers got over the same period. Obviously, lots of that compensation is locked up in options that can't be immediately cashed out or are contingent on continued performance, but the gap between worker pay and boss pay is really bad: At half the companies, it would take the median worker at those companies 186 years to make what their CEO made, up from 166 years in 2020.

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