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The staggering inequality between bosses and workers only continued to grow last year, according to a new report from the AFL-CIO on executive pay.

The union’s latest “Executive Paywatch” report, which uses data from the Securities and Exchange Commission (SEC) to track the pay disparities between CEOs and the employees that work for them, found that the average S&P 500 executive made an eye-popping 285 times more than their median worker did, up from a 268-to-1 ratio in 2023.

CEOs received a $1.4 million raise last year, the data shows, bringing their average yearly compensation up to $18.9 million, a 7% increase. The median worker, meanwhile, made just $49,500, marking just a 3% increase from the year before.

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In order to make the same amount as their boss made in a single year, the report noted that the typical employee would need to have begun working in 1740—”Before the AMERICAN REVOLUTION,” the union noted on X.

By far........

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