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CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds

https://www.theguardian.com/us-news/2023/aug/24/ceos-100-low-wage-companies-income

These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds

These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

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workreform

!workreform

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

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maniajack

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Here's the list of top 100 ‘low-wage’ US firms that are fucking over their employees (listed in the full 'Institute for Policy Studies' report):

Lowe's
Home Depot
Walmart
S&P Global
Linde Plc
Autozone
O'Reilly Automotive
Nike
Target
Dollar General
Analog Devices
Sherwin-Williams
McDonald's
Mondelez Intl
Amazon.com
TJX
MGM Resorts Intl
Best Buy
Starbucks
Kroger
Johnson Controls
Seagate Technology
Colgate-Palmolive
Philip Morris Intl
Marriott Intl
Cognizant Tech
Solutions
Fleetcor Technologies
FedEx
Estee Lauder
TE Connectivity
Domino's Pizza
Constellation Brands
YUM Brands
Ulta Beauty
Coca-Cola
Stanley Black &
Decker
Mosaic
Ross Stores
Hilton Worldwide
Bath & Body Works
Corning
Becton Dickinson & Co
Amphenol
Dollar Tree
Tractor Supply
Tapestry
Whirlpool
LKQ
Skyworks Solutions
Advance Auto Parts
Carrier Global
Amcor Plc
Assurant
Darden Restaurants
Walgreens Boots
Alliance
Costco Wholesale
Chipotle Mexican Grill
Mohawk Industries
Microchip Technology
DXC Technology
ON Semiconductor
Hershey
Kimberly-Clark
Ralph Lauren
Tyson Foods
Wabtec
Baxter Intl
Align Technology
Smith (A.O.)
VF
Robert Half Intl
Genuine Parts
Avery Dennison
Kraft Heinz
Borgwarner
Factset Research
Systems
PPG Industries
Newell Brands
Fastenal
Carnival
Viatris
Live Nation
Entertainment
Wynn Resorts
Garmin
Cooper Cos
Extra Space Storage
Aptiv
Mccormick & Co
Epam Systems
Royal Caribbean
Group
Norwegian Cruise Line
Iron Mountain
AES
Teleflex
Western Digital
Caesars Entertainment
Copart
Las Vegas Sands
Monolithic Power
Systems
Public Storage

uphillbothways

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They are not only fucking over their employees. They're fucking over all tax payers and straining the countries they are allowed to operate in, while funneling those dollars to top executives and shareholders.

These companies rely on social programs like welfare and food stamps to support their front line staff. They drain those programs for their own profits, and leave the governments less able to help their people. This is vampire capitalism.

Nommer

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Hey my company is on this list. Can confirm it fucking sucks. Where did you source this from?

maniajack

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The article is about a new report from the Institute for Policy Studies which identifies the top 100 ‘low-wage’ US firms. The full report is linked from the article to here: https://ips-dc.org/report-executive-excess-2023/ , I opened the PDF and pulled out the full list.