Get the app →
BriefTea logoBriefTea

Every story in sixty words

Business · 2 days ago

US low-wage firm CEOs made 614 times more than staff last year

US low-wage firm CEOs made 614 times more than staff last year

A new report established that the average CEO working for America's 100 lowest-paying corporations earned 614 times the amount of their average employee last year. The pay gap has grown, with CEO pay rising 41.4% between 2019 and 2025, double the 20.7% increase for median workers.

Reported by Guardian · How we write briefs

Get the app

Understand this story

Are there global pay gaps? Could this happen in the UK? How does this affect prices? What's a 'low-wage firm'?

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →