Breadcrumb Home What We Care About Corporate Greed Corporate Greed Decades of economic policies that favor Wall Street and corporate CEOs have created an economy that is dangerously out of balance. Corporate executives continue to line their pockets with our labor and ensure the rules are written to favor them. We cannot allow corporate greed to grow unchecked. We cannot allow the interests of the rich and powerful to dictate policies that have such profound effects on working families. America’s working people deserve a voice in the rules of our economy. We believe increased accountability and responsibility must be required of our corporations and our capital markets. And we will continue to campaign for increased corporate accountability, be the leading voice in reining in executive pay and advocate for sensible tax policies that make sure corporations pay their fair share. Did You Know Sixty of some of the largest U.S. companies paid zero federal income taxes in 2018 despite being profitable. 299 Times more the average S&P 500 CEO made in 2020 compared to what the median employee received. Did You Know In 2020, the average compensation for S&P 500 company CEOs was $15.5 million. $712,720 The amount the average S&P 500 CEO's pay increased in the past year. What We’re Doing Select type Article Event Media Hit Multimedia Report Resolution Speech Statement October 30, 2021 SPEECH Redmond: Alliance of Health Care Unions Are United to Win AFL-CIO Secretary-Treasurer Fred Redmond's remarks at the March for the Future of Health Care in Pasadena, California. September 24, 2021 SPEECH Shuler: Colorado Labor Is a Powerful Force for Good AFL-CIO President Liz Shuler's remarks by video to the Colorado AFL-CIO Convention. July 23, 2021 MEDIA HIT Shuler on Executive Pay Ratios and the PRO Act (Yahoo! Finance) July 14, 2021 MEDIA HIT Shuler on the Rise of CEO Pay During the COVID-19 Crisis July 14, 2021 BLOG 8 Facts from the 2021 Executive Paywatch Report You Need to Know Last year was a challenging one for working people. The COVID-19 pandemic put millions out of work through no fault of their own and the financial impact on working people will be felt for years to come. Unless you were a CEO of a large company. During a painstaking year of unspeakable loss and economic turmoil, AFL-CIO's 2021 Executive Paywatch report shows that the average S&P 500 CEO saw their pay increase more than $700,000 last year. The Executive Paywatch website, the most comprehensive, searchable online database that tracks CEO pay, shows that the CEO of an S&P 500 company received, on average, $15.5 million in total compensation in 2020. The average S&P 500 company CEO-to-worker pay ratio was 299-to-1. July 14, 2021 SPEECH Shuler Launches 2021 AFL-CIO Executive Paywatch Passing the PRO Act is the single best way to reverse economic inequality and raise wages for all working people. That’s crystal clear in this year’s Paywatch, which shines a spotlight on the difference between companies in so-called “right to work” states versus those in union security states. Load More Get Email Updates Sign Up Text WORK to 235246 to opt in to mobile messages from the AFL-CIO. Message and data rates apply. Reply STOP to unsubscribe. Reply HELP for help. You will receive periodic messages with updates and news about our work. Privacy Policy and Terms of Use. Contact Us About Us Affiliated Unions Careers and Apprenticeships Executive Council Statements Labor History Leadership Our Unions and Allies Programs Blog AFLCIO.tv Form a Union Press Press Releases Speeches Take Action Union Plus Benefits What Unions Do Corporate Accountability Social and Economic Justice Advocacy Workplace Advocacy What We Care About Better Pay and Benefits Civil Rights Corporate Greed Criminal Justice Reform Gender Equality Global Worker Rights Health Care Immigration Infrastructure Labor Law Manufacturing Quality Education Right to Work Sexual Harassment Social Security and Retirement Tax and Budget Policy Trade Workplace Health and Safety Legislative Alerts Legislative Voting Records Reports © 2021 AFL-CIO. All rights reserved. Privacy Policy & Terms of Use