These 2 Companies Have the Widest Pay Gap Between the CEO and the Typical Worker

At Abercrombie & Fitch and Starbucks, CEOs made over 6,000 times more than what the median worker earned last year.

According to the AFL-CIO’s annual Executive Paywatch report, released Wednesday, Abercrombie & Fitch and Starbucks were the two companies with the highest pay differences between CEOs and median workers in 2024. The report was based on filings the companies submitted to the U.S. Securities and Exchange Commission.

Related: ‘We’re Not Effective’: Starbucks CEO Tells Corporate Employees to ‘Own Whether or Not This Place Grows’

Abercrombie & Fitch topped the list, with the median worker making $2,531 in 2024. That was 6,731 times less than the $17 million compensation received by the

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Maggots may have been on the Neandertal menu

The original paleo diet might have included fewer succulent steaks and more juicy maggots. Neandertals are often depicted at the top of the food...

There’s a sweet spot for tariffs. Markets could revolt if Trump is way off | CNN Business

New York CNN  —  US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington...

Meet the chip design company keeping Europe in the global AI race | CNN Business

From thermostats to Meta’s AI glasses, ARM has been designing chips that have quietly influenced almost every aspect of our modern lives. Since its...