CEO Pay a Common Theme on Progressive Agendas For 2016

CEO Pay a Common Theme on Progressive Agendas For 2016
The Huffington Post
By Sarah Anderson

The AFL-CIO has just launched the 2015 version of their annual Executive Paywatch -- the most comprehensive searchable database on CEO pay.

At major U.S. companies, CEO pay increased nearly 16 percent last year, the labor researchers found. That lifted the ratio between CEO and average worker pay to 373-to-1.

Paywatch number-crunchers set their sights on Walmart this year, calculating that the retailer's employees who make $9 per hour would've had to work 1,036 hours to earn as much as CEO Doug McMillon made in an hour.

Even more staggering: six descendants of Walmart founder Sam Walton have more wealth than 43 percent of America's families combined.

The AFL-CIO's new figures have come out amidst a proliferation of new policy agendas that include executive compensation reforms and are aimed at shaping the 2016 election campaigns.

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