The chief executives of S&P 500 companies raked in an average of $18.3 million in total compensation last year, making 324 times more than their company’s median-paid workers while enjoying pay increases that well outpaced inflation, according to a new report from America’s largest labor union federation.
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), which represents 12.5 million workers, used the report to spotlight the yawning gap between those occupying America’s C-suites and the rank-and-file…