Cease me in case you’ve heard this one earlier than: The wealthy are getting richer and the remainder of us are getting poorer. (Stunning, I do know.)
However a brand new report from the highest American union group is shedding mild on simply how a lot better off the bosses within the C-Suite are versus their staff.
The speedy rise in CEO pay is a symptom of what the researchers name “greedflation,” which happens when corporations elevate costs to spice up income, which in flip juices their inventory costs and generates “windfall payouts” for CEOs.
The report particularly known as