r/antiwork • u/RoguePierogies SocDem • 1d ago
CEO to Worker Pay Disparities Among Top U.S. Employers
[removed] — view removed post
31
u/RoguePierogies SocDem 1d ago
Listed is CEO pay vs. employee median wage - Looks confusing but I couldn't fit it all in the photo...
15
u/absolutzer1 1d ago
Median wage is better than average wage.
Damn who would have thought, dress for less
5
u/RoguePierogies SocDem 1d ago
Yes, I was looking into top US employers and wage disparities amongst CEO vs. their workers. I was surprised about Ross Stores too.
0
u/haleighen 17h ago
Ross and TJX is TJ Max, right? Not surprising to me considering how popular those stores have become in the last decade.
Still hate it though.
1
27
u/HaveNoFearDomIsHere 1d ago
Look at those employee average salaries. Not a single one makes it into the middle class. Our country is on life support.
11
u/RoguePierogies SocDem 1d ago
This is median pay- data could be skewed from part time employees on payroll but either way - yes, it's bad.
7
9
8
u/HairlessHoudini 1d ago
I'm surprised Kroger isn't on that list
3
u/StopReadingMyUser idle 1d ago
Kroger's is just a huge revolving door of underpaid workers. But they also have certain stores that are unionized from what I recall and that may tip the scales to something more balanced.
7
6
5
u/mousepadjones 1d ago
Don’t you need to compare CEO salary vs the median full-time employee salary?
Otherwise you are ending up comparing CEO salary to part-time salaries which doesn’t make a lot of comparative sense.
4
u/dansedemorte Anarcho-Syndicalist 1d ago
that's implying that he CEO actually works 40hrs in a week, most likely much less than that. they probably bill their time on the golf course as a business expense.
1
u/RoguePierogies SocDem 1d ago edited 1d ago
That would be ideal. The calculations are based on data for all employees and doesn't differentiate between full time and part time.
Also, companies do not have to disclose % of their work staff are full time vs. part time so that makes it difficult to find.
1
u/Sumbelina 1d ago
I don't like data like this that is based on median values. They too often obscure the main problem: have too many people at one end of the scale. I want to see CEO salary (gross and net) vs each category of worker employed by their company annually (gross and net) with quantities of each.
5
5
u/Popsiblyabrunrwr112 1d ago
Imagine if you taxed businesses by lowest paid employee (relative to size of course) with a multiplier of every 100 to 1 floor to ceiling pay.
3
u/dansedemorte Anarcho-Syndicalist 1d ago
imagine if state senators and representatives were paid based on the lowest full time employee of any job in a state.
2
u/TheWizardOfDeez 1d ago
We need to start doing a progressive taxation rate on companies based on this metric. Would be minimally invasive to the system and would reap trillions either in taxes for social safety nets or just force companies to finally start trickling that money down.
2
u/Themodssmelloffarts Profit Is Theft 17h ago
Could you please provide a bit more context about the graph? In terms of the employee pay, does that include part time workers? Many of these places are retail, and we all know how they like to fuck with people not giving them FT hrs to keep them from getting benefits. A part time worker will make less than a full time worker. I'd also be interested to see the ratio between the hourly wage of the CEO vs hourly pay of lowest paid employee.
3
u/RoguePierogies SocDem 16h ago
This chart is based primarily on data from company earnings reports. No insight between full-time and part-time employees, but you’re right—these companies often limit FT positions to avoid offering benefits.
I'm assuming the lowest paid employees probably earn wages aligned with their state’s minimum wage.
But CEO pay - let's use TJX as an example $22M because it's listed on the graph...At 40 hours/week while taking 20 days off for holidays and vacation $27 million/year = $192.87 per working minute or $11,572.28/ HR.
In Pennsylvania TJ Maxx posted an hourly retail positions on indeed for $11.65/hr
That would be a salary of $22,368 assuming 40 hours/week while taking 20 days off for holidays and vacation.
So, within 2 hrs, TJ Maxx' CEO makes more than their lowest paid employee makes within an entire calendar year.
2
u/Themodssmelloffarts Profit Is Theft 16h ago
Thank you OP, and apologies I didn't see your comments from earlier before making my comment. Your math is awesome.
1
u/DeepFleet 13h ago
Love these posts as it’s something that’s easy to see and show people who just don’t get how much they are being ripped off from their employers. Ceos, board members and higher ups treat these companies as a bottomless piggy bank. But let’s be real ain’t nobody making 11 dollars an hour at Tj max is getting 20 paid days off a year.
1
u/MarxmeetRobinhood 13h ago
Just a question to clarify, are we talking W-2 salary, or total compensation and tax savings?
2
u/amithrough 5h ago
The more I interact with upper management , the more I realize these jokers more often than not luck into success and take advantage of market momentum more than actually directing the company successfully.
The only smart thing about them once they stop actually working on projects and hiring is that they know how to frame anything good happening as their success and every failure as a macroeconomic problem.
113
u/taeempy 1d ago
In 1955 the average ceo only made about 20x the average worker. This is really sad.