Julia Conley at Common Dreams reports on that detailing the widening gap between outrageously high CEO compensation and the median wages of Employees at some of the world's largest and most profitable companies, a Progressive Think Tank is warning executives will continue to enrich themselves at the expense of their lowest-paid Workers unless policies are adopted to curb such corporate greed. "Across the political spectrum, Americans are fed up with overpaid CEOs," said Sarah Anderson, who serves as Program Director at the Institute for Policy Studies (IPS) and is the Author of the new report. "Policymakers should take long overdue action to push Corporate America in a more equitable direction." Aptiv CEO Kevin Clark was paid $18.8 million last year while the median Worker at the firm made just $9,052. Ross Stores' pay ratio was similar, with CEO Barbara Rentler taking home $17 million compared to the company's Median Worker, who made just $9,602. Starbucks, which has made headlines in recent years both for its Store Employees' fight to Unionize across the United States and for its executives' illegal Union Busting tactics, had far-and-away the largest gap between CEO and Median Worker pay in 2024, with CEO Brian Niccol taking home $95.8 million and the Median Employee earning just $14,674. That makes the wage gap 6,666-to-1 at the Coffee Chain.

To Continue Reading This Labor News Story, Go To: 'Corporate Greed at Its Ugliest': These 100 Companies Pay CEOs Over 600x What the Workers Get | Common Dreams