Posted 3/18/2024, 1:00:00 PM
CEOs Earn Over 1,500 Times More Than Workers While Shareholders Reap Trillion-Dollar Profits, Despite Retail's Diverse Workforce
- 90% of profits from top 200 US public companies, equivalent to $1.1 trillion, goes to shareholders
- Just 10 of the 200 companies commit to paying a living wage
- 4 companies pay CEOs over 1,500 times more than average workers
- Retail sector has most diverse workforce (over 50% people of color, 56.8% women) but 67% white male executives
- 80% of companies analyze disclose workforce data, but few disclose promotion and retention rates
