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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

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The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . Within a year during the pandemic, on average CEOs gained “29% raises while their median worker pay fell by 2%,” the Institute for Policy Studies (IPS) found. Things may get worse before they get better.

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Apple Faces Major Gender Pay Discrimination Lawsuit

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Jong and Salgado, both long-time employees of Apple, argue that the company’s methods for determining starting salaries — initially based on compensation history and later on salary expectations — have entrenched gender-based pay gaps. For instance, similar claims against Oracle Corp.

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