America's Worst CEO-to-Worker Pay Ratios

These 10 S&P 500 firms boast sky-high CEO-to-worker pay ratios that see their executives making thousands of times more than their median employee.

Concept art of high CEO pay compared to workers
(Image credit: Getty Images)

Nothing, it seems, can burst the bubble of America's highest-paid chief executive officers. Even as the economy recorded its worst year for job losses since 1939, CEO pay continued to grow apace in 2020. At the same time, worker pay – for those lucky enough to remain employed – lagged even farther behind what the nation's top executives raked in.

CEOs of S&P 500 companies received average total compensation of $15.5 million in 2020, according to a new study released by AFL-CIO Executive Paywatch. That was up from $14.8 million in total compensation in 2019. But employee pay continued to stagnate.


Data is as of July 21, 2021, courtesy of AFL-CIO Executive Paywatch, companies' Form DEF 14A regulatory filings made with the Securities and Exchange Commission, S&P Global Market Intelligence and YCharts. Companies listed in order of CEO-to-pay ratio.


* Total compensation includes salary, bonus, all other compensation, stock and option awards, non-equity incentive plan compensation, change in pension values and non-qualified deferred compensation earnings.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Dan Burrows
Senior Investing Writer,

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.