The National AFL-CIO’s 2026 Executive Paywatch Report: The Data ‘Couldn’t Be Clearer: This Economy Is Working For Greedy CEOs - Not For Working People;’ Average CEO-To-Worker Pay Ratio Increased From 285-To-1 In 2024 To 312-To-1 In 2025
When Big Tech CEOs got a front row seat at Donald Trump’s inauguration, it sent a signal: The President was on the side of the bosses.
More than a year and a half later, the National AFL-CIO’s annual Executive Paywatch Report shows this Administration’s policies are working out great for Trump’s billionaire buddies, making the bosses even more obscenely rich while Workers get left behind.
Here’s what the National AFL-CIO’s new 2026 Executive Paywatch report shows:
The average CEO-to-Worker pay ratio of S&P 500 companies increased from 285-to-1 in 2024 to 312-to-1 in 2025. (And that excludes Tesla CEO Elon Musk, whose pay package is so huge it would skew the results!)
The average CEO pay at S&P 500 companies increased 21%, from $18.9 million in 2024 to $22.8 million in 2025.
In 2026, Musk became the world’s first trillionaire and his $158 billion pay package at Tesla broke the CEO pay curve.
Workers’ share of U.S. national income fell to its lowest level since World War II.
While their bosses rake in millions, Workers at Amazon, Dollar Tree, FedEx, McDonald’s and Walmart are among the highest users of public assistance, relying on programs like Medicaid and SNAP (or food stamps) to make ends meet.
The Trump Administration isn’t working to level the playing field - they’re cashing in themselves.
In fact, President Trump made $2.2 billion in 2025 after returning to the White House for a second term, a nearly 254% increase from what he made in 2024.
Meanwhile, Working People are struggling to pay bills and skipping medical care, desperately trying to make ends meet.
The data couldn’t be clearer: This economy is working for greedy CEOs - not for us.
Greedy CEOs want their pay to keep skyrocketing.
That’s why so many companies spend so much on Union-Busting: They know that when Workers come together and form a Union, we can start to put Working People first and fix our broken economy.
We can take our country back from the billionaires (and one trillionaire) and make it fair for Working People.
Click Here To Learn More About How To Form A Union And Share It With Your Friends, Family And Co-Workers
And Click Here To Access The 2026 Executive Paywatch Report | AFL-CIO

























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