Oxfam report shows US CEO pay outpaces worker wages 20-fold

7 articles · Updated · CNBC · May 1

The report, with the International Trade Union Confederation, said pay for 384 S&P 500 CEOs rose 25.6% in 2024-25, while inflation-adjusted private-sector hourly wages increased 1.3%.
Oxfam said CEOs earn 281 times a typical worker's pay, averaging $22.98 million in 2024, while the federal minimum wage's purchasing power has fallen nearly 21% since 2019.
With prices up about 16% over four years, many Americans report affordability strains, as Democrats introduced a bill requiring large employers to raise minimum wages to $25 by 2031.

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