Workers make $1? CEOs make $299.

In 2020, S&P 500 CEOs averaged $15.5 million in total compensation. Paywatch.org. A cartoon of a person in a suit on a pile of money. AFL-CIO.
 

 

CEOs said they were taking lower base pay during COVID-19. But our Executive Paywatch report shows that was just lip service. On average, the salaries of S&P 500 CEOs increased by more than $700,000 over the previous year.


Read Executive Paywatch


2020 was a year of unspeakable loss and economic turmoil for working people. Millions lost their jobs, with a record 41 million layoffs in April 2020. We still have a net loss of 9 million jobs.

 

While working people bore the brunt of the pandemic, CEOs earned even more money.

 

On average, if a worker earns $1, an S&P 500 CEO earns $299. That level of pay inequity is unacceptable, and working people deserve better.

 

This is why we need unions. Unions change the power dynamics in the workplace and give working people a say in our wages, benefits and working conditions.

 

So it’s no surprise that corporate interests and billionaires are doing everything they can to stop unions. But we can’t let them.

 

We need to pass the Protecting the Right to Organize (PRO) Act. The PRO Act empowers workers to form unions and bargain over wages.

 

If you’re mad that CEOs earn so much while working people suffer, call your senators and tell them to support workers by passing the PRO Act.

 

In Solidarity,

 

Team AFL-CIO