Major company CEOs made 271 times the typical U.S. worker in 2016
According to a recent report published by the Economic Policy Institute, the CEOs of America’s 350 largest companies made 271 times as much as the average worker in 2016. Major company CEOs made an average of $15.6 million in 2016, slightly less than in 2015 when they made $16.3 million. However, one of the authors of the report emphasized that CEO pay still remains exorbitantly high when compared relative to other figures such as stock prices or corporate profits. Surveys conducted in 2014 and 2016 respectively found that Americans believe the gap between CEOs and average workers is about 30 to 1, and that major CEOs make about $1 million a year, both vast underestimates. The study also only takes into account the pay gap between CEOs and American workers, acknowledging that most companies have foreign workers who earn much less than the average American employee.
See "Major company CEOs made 271 times the typical U.S. worker in 2016", Jena McGregor, The Washington Post, July 21, 2017