According to the Economic Policy Institute, the CEO-to-employee pay ratio increased by 1000% in the past 40 years.
US public firms were mandated to report on this gap by the 2010 Dodd-Frank Act, with the first gap data becoming available in 2017.
A recent report examines the effect of CEO gender and minority status on the size of the compensation gap between a firm’s CEO and its average worker. READ MORE