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Last year, CEO pay for major U.S. companies—already egregious—increased nearly 16 percent. Read more>>>

AFL-CIO Now

American Enterprise Institute Tries to Hide Runaway CEO Pay

Leave it to the right-wing neoconservatives at the American Enterprise Institute (AEI) to defend the indefensible: runaway CEO pay levels.  Last week, the AFL-CIO’s Executive Paywatch website announced that S&P 500 company CEOs made on average $13.5 million in total compensation in 2014, an amount equal to 373 times the average production and nonsupervisory worker’s pay. 

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