CEO-Worker Pay Gap Jumps in 2021 at Low-Wage U.S. Companies

Selasa, 07 Juni 2022 | 11:33 WIB
CEO-Worker Pay Gap Jumps in 2021 at Low-Wage U.S. Companies
[ILUSTRASI. Amazon's worker pulled carts full of packages for delivery on the annual Prime Day promotion in New York City, U.S, June 21 2021. REUTERS/Brendan McDermid]
Reporter: Sumber: Reuters | Editor: Thomas Hadiwinata

KONTAN.CO.ID - LONDON, June 7 (Reuters) - The pay gap between workers and CEOs at 300 publicly listed U.S. companies with the lowest median wage jumped in 2021, a study from the Institute for Policy Studies (IPS) showed on Tuesday.

The average gap was 670 to 1, up from 604 to 1 in the prior year, while 49 companies had ratios above 1,000 to 1, the study showed. Average CEO pay in the group climbed $2.5 million to $10.6 million, while median worker pay rose $3,556 to $23,968.

The findings will give new ammunition to investors who push for social justice causes as part of their environmental, social and governance (ESG) agenda.

Baca Juga: Japan's Household Spending Falls for 2nd Straight Month

U.S. corporations face an unprecedented wave of ESG-related shareholder resolutions this year, with the treatment of workers being one of the issues raised frequently. 

"During the pandemic, low-wage workers have demonstrated how essential they are to the functioning of our economy. With profits rising in 2021, corporations had an opportunity to make a big leap towards greater pay equity," said Sarah Anderson, Global Economy Project Director at the IPS.

The study found that at 106 of the companies, median worker pay failed to keep pace with the 4.7% average U.S. inflation rate over the period. Of that group, 67 companies spent a combined $43.7 billion on share buybacks in the period, boosting CEOs' stock-based pay.

Baca Juga: Oil Tops $120 a Barrel on Saudi Pricing Despite OPEC+ Deal

In response, growing numbers of workers are taking matters into their own hands and looking to move jobs in the hunt for better pay, working conditions or work-life balance, a trend known as "The Great Resignation".

A March global survey by consultants PwC found one in five workers was "extremely" or "very likely" to switch employers in the next 12 months.

The COVID-19 pandemic has led to increased attention by investors on the way companies treat their staff, although, as was seen at Amazon's recent annual meeting, many have baulked at opposing management on such issues.

Bagikan

Berita Terbaru

Penjualan Mobil Bekas Masih Tumbuh
| Sabtu, 19 Juli 2025 | 05:45 WIB

Penjualan Mobil Bekas Masih Tumbuh

Adanya pertumbuhan penjualan mobil bekas setidaknya tergambar dari pembiayaan multifinance yang meningkat.

 Impor Komoditas Energi Butuh Hitungan Pasti
| Sabtu, 19 Juli 2025 | 05:39 WIB

Impor Komoditas Energi Butuh Hitungan Pasti

Impor LPG, bahan bakar minyak, dan minyak mentah dari AS akan menambah beban fiskal karena jumlah subsidi membengkak

 Dari Finance Terjun ke Properti
| Sabtu, 19 Juli 2025 | 05:33 WIB

Dari Finance Terjun ke Properti

Perjalanan karier Surina sebagai ahli keuangan hingga menjadi Direktur PT Indonesian Paradise Property Tbk

Indo Tambangraya Megah (ITMG) Ekspansi ke Bisnis PLTS Atap
| Sabtu, 19 Juli 2025 | 04:21 WIB

Indo Tambangraya Megah (ITMG) Ekspansi ke Bisnis PLTS Atap

ITMG mengembangkan bisnis EBT melalui anak usahanya, PT ITM Bhinneka Power (IBP) dan PT ITM Energi Utama

Martina Berto (MBTO) Terus Mencari Peluang di Pasar Ekspor
| Sabtu, 19 Juli 2025 | 04:21 WIB

Martina Berto (MBTO) Terus Mencari Peluang di Pasar Ekspor

MBTO sudah aktif menjajaki pasar luar negeri sejak 2011 silam, dan terus meningkatkan agresivitas ekspansi mereka.

Nego Trump Lagi Agar Tarif Bisa Nol Persen
| Sabtu, 19 Juli 2025 | 04:21 WIB

Nego Trump Lagi Agar Tarif Bisa Nol Persen

Pemerintah ingin CPO hingga kayu manis dikenakan tarif bea masuk Amerika Serikat sebesar nol persen  

Lonjakan DPK Perbankan Tak Cerminkan Pemulihan Ekonomi
| Sabtu, 19 Juli 2025 | 04:20 WIB

Lonjakan DPK Perbankan Tak Cerminkan Pemulihan Ekonomi

Di tengah isu likuiditas ketat yang kerap dikeluhkan oleh bankir, secara mengejutkan Dana Pihak Ketiga (DPK) perbankan melesat pada Juni 2025. 

Peminat Insentif Pajak di IKN dan Daerah Mitra Masih Minim
| Sabtu, 19 Juli 2025 | 04:20 WIB

Peminat Insentif Pajak di IKN dan Daerah Mitra Masih Minim

DJP sebut belum ada satu pun wajib pajak yang mengajukan tax holiday terkait financial center, pemindahan kantor pusat, serta super tax deduction

Adhi Karya (ADHI) Terus Mengejar Kontrak Baru
| Sabtu, 19 Juli 2025 | 04:20 WIB

Adhi Karya (ADHI) Terus Mengejar Kontrak Baru

Mencatat perolehan kontrak baru sebesar Rp 3,5 triliun hingga akhir kuartal kedua tahun ini atau 30 Juni 2025.

Muhammadiyah Menjajaki Beli Saham KB Bank Syariah
| Sabtu, 19 Juli 2025 | 04:15 WIB

Muhammadiyah Menjajaki Beli Saham KB Bank Syariah

Muhammadiyah masih berniat untuk memiliki Bank Umum Syariah (BUS) dan tengah menjajaki membeli KB Bank Syariah.

INDEKS BERITA