Pay Disparity Is Rising. Let’s Commit to an Equitable Economy in the New Year.
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If the typical CEO of a large U.S. corporation clocks in at 9 am on January 2, by 3:37 pm that afternoon he’ll have earned $58,260 — the average annual salary for all U.S. occupations. In other words, in less than seven hours on the first workday of the New Year, that CEO will have made as much as the average U.S. worker will make all year. I took a look at the even wider disparities for various...