CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds

A good reason to have laws regulating the maximum pay gap between executive and the lowest paid peon. And make sure to include all types of pay like stock options so companies can't squirm out of it.

if you've ever worked food service in your life you should instantly be able to calculate how fucked wages are. in 1 hour you make dozens of meals that cost $10+ while getting paid maybe $10 or $15 per hour. it's obscene

Here's the list of top 100 ‘low-wage’ US firms that are fucking over their employees (listed in the full 'Institute for Policy Studies' report):

Lowe's
Home Depot
Walmart
S&P Global
Linde Plc
Autozone
O'Reilly Automotive
Nike
Target
Dollar General
Analog Devices
Sherwin-Williams
McDonald's
Mondelez Intl
Amazon.com
TJX
MGM Resorts Intl
Best Buy
Starbucks
Kroger
Johnson Controls
Seagate Technology
Colgate-Palmolive
Philip Morris Intl
Marriott Intl
Cognizant Tech
Solutions
Fleetcor Technologies
FedEx
Estee Lauder
TE Connectivity
Domino's Pizza
Constellation Brands
YUM Brands
Ulta Beauty
Coca-Cola
Stanley Black &
Decker
Mosaic
Ross Stores
Hilton Worldwide
Bath & Body Works
Corning
Becton Dickinson & Co
Amphenol
Dollar Tree
Tractor Supply
Tapestry
Whirlpool
LKQ
Skyworks Solutions
Advance Auto Parts
Carrier Global
Amcor Plc
Assurant
Darden Restaurants
Walgreens Boots
Alliance
Costco Wholesale
Chipotle Mexican Grill
Mohawk Industries
Microchip Technology
DXC Technology
ON Semiconductor
Hershey
Kimberly-Clark
Ralph Lauren
Tyson Foods
Wabtec
Baxter Intl
Align Technology
Smith (A.O.)
VF
Robert Half Intl
Genuine Parts
Avery Dennison
Kraft Heinz
Borgwarner
Factset Research
Systems
PPG Industries
Newell Brands
Fastenal
Carnival
Viatris
Live Nation
Entertainment
Wynn Resorts
Garmin
Cooper Cos
Extra Space Storage
Aptiv
Mccormick & Co
Epam Systems
Royal Caribbean
Group
Norwegian Cruise Line
Iron Mountain
AES
Teleflex
Western Digital
Caesars Entertainment
Copart
Las Vegas Sands
Monolithic Power
Systems
Public Storage

But they bring so much value for that $601. Like figuring out how many people to fire to maximize revenue for shareholders. Come on, doesn't that deserve a $15 million salary?!

Feels like this is actually a way to make it seem like less of a gap? Hourly workers (the workers discussed here for the most part) think of wages in, you guessed it.... hours. To keep it clear, tell them, "You make $10 an hour, but your CEO makes $6,000 an hour."

Or even better, "Your CEO makes more in a single day than you do in an entire year of full time work - Almost double what you make in a year in fact. And that day your CEO 'works' is a fairly relaxing day with a long lunch break, a private office and air conditioning,"

Disgusting.

If the CEO is making that much wait'll you find out how much the shareholders are making off those employees!

It makes for a decent example I guess, but it's really silly how fixated on CEOs Joe Public is. They're hired by the board of directors, who are elected by the shareholders. It's not like the CEO straight up owns the company (usually).

#abolishWageSlavery

Ugh. I forgot to apply for the CEO position again!

Everyone in the country should strike, keep your homes and others should take them from corporations . Move in and squat, literally millions of us.

They all just need to pull themselves up by their bootstraps and become CEOs. Doesn’t anyone want to work anymore? When I became a CEO I had to walk up hill both ways and put in 2,000 hours a week. Just kidding, I got a loan from daddy. /s

I'm sure this is even less awful than the disparity with Big Lots employees and employers. Store managers make 100k a year, most employees are making less than 15 an hour. Absolutely the worst conditions and employment terms of any retail I've ever worked.

What percentage of the US economy is low wage firms?

By their metrics that's a resounding success.

So what dollar amount is acceptable between the person whose responsibility is a broom and the person that has hundreds of people's livelihoods at stake and dozens of stores to maintain?