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CEOs Paid 335 Times Average Rank-and-File Worker; Outsourcing Results in Even Higher Inequality


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CEOs Paid 335 Times Average Rank-and-File Worker; Outsourcing Results in Even Higher Inequality

WASHINGTON - CEO pay for major U.S. companies continues to soar as income inequality and outsourcing of good-paying American jobs increases. Outsourcing has become a hot presidential election topic with candidates calling out corporations who say they need to save money by sending jobs overseas. Meanwhile, according to the new AFL-CIO Executive PayWatch, the average CEO of an S&P 500 company made $12.4 million per year in 2015 – 335 times more money than the average rank-and-file worker.

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