Haus@kbin.social to News@kbin.social · 1 year agoCEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report findswww.theguardian.comexternal-linkmessage-square7fedilinkarrow-up173arrow-down11file-textcross-posted to: [email protected][email protected]
arrow-up172arrow-down1external-linkCEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report findswww.theguardian.comHaus@kbin.social to News@kbin.social · 1 year agomessage-square7fedilinkfile-textcross-posted to: [email protected][email protected]
These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
minus-squarebufordtlinkfedilinkarrow-up1·1 year agoThe bigger issue with Lowe’s is they bought back $34+ billion in stock over the last 3 years to boost their stock price. This is good for the investors, but usually bad for the workers, because it’s money that could be going to their compensation.
The bigger issue with Lowe’s is they bought back $34+ billion in stock over the last 3 years to boost their stock price. This is good for the investors, but usually bad for the workers, because it’s money that could be going to their compensation.