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Have you ever felt like the CEO of your company is overpaid?

You wouldn’t be alone—an April poll conducted by FlexJobs found that 80% of workers believe their CEOs are overpaid. And now, there’s data to back up that belief.

An analysis by the Institute for Policy Studies, a left-leaning think tank, found that the salary gap between workers at the lowest-paying companies of the S&P 500 and their CEOs widened by nearly 13% in the last five years. Indeed, CEO pay rose more than twice as quickly as that of the average worker at such firms.

The worst offender? Starbucks, where CEO Brian Niccol reportedly earned $95.8 million last year compared to $14,674 for the coffee chain’s average worker. Ulta Beauty saw the largest decrease in average employee earnings with a 46% drop to $11,078, as the beauty retailer increased its reliance on part-time workers.

Such pay gaps also widen gender and racial disparities, according to the report, because women and people of color disproportionately make up a large share of low-wage workers and a smaller share of corporate leaders at such companies. Only eight of the “Low-Wage 100”—the 100 S&P 500 companies with the lowest median worker pay—have women CEOs, and just one has a Black CEO.

Frustration over salary and pay may explain why terms like “quiet cracking”—the latest HR buzz word that refers to the constant state of disengagement, burnout and low morale at work—are making their rounds on social........

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