American CEO Pay Is Soaring, But the Gender Pay Gap Is Drawing the Rage

Heading into 2018, corporate ­leaders braced for ­public backlash: For the first time, thousands of ­publicly traded U.S. com­panies would be required by the U.S. Securities and Exchange Commission to disclose how much their chief executive officers made compared with their median workers.

Executive compensation has soared about 1,000 percent since 1978, while real wages for most Americans are up about 11 percent, according to an Aug. 16 report from the Economic Policy Institute. Putting a number to that differential was expected to cause outraged headlines and trigger criticism from investors and consumers on social media. Human resource chiefs, meanwhile, worried the disclosures would sow discontent among the rank and file, particularly those paid even less than the median.

By Anders Melin. Bloomgberg Businesweek.

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