Bloomberg Businessweek

Workers of the World Shrug

American companies are disclosing shocking pay ratios. But the #MeToo scandal diverts outrage

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

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek3 min read
Mexico’s Andrés Manuel López Obrador won’t be sworn in as president until Dec. 1, but his honeymoon with investors came to an abrupt end in late October. That’s when he announced his administration would cancel construction of a $13 billion airport n
Bloomberg Businessweek3 min read
Stealth Pricing
• FASHION DROPS After growing into multibillion-dollar businesses by expanding their range of products and the number of locations where they’re sold, European luxury brands including Louis Vuitton and Burberry Group Plc are racing to put scarcity b
Bloomberg Businessweek4 min read
Wind Power
A coming-of-age moment is bearing down on the U.S. wind power industry, and proponents say it’s ready—well, mostly ready. For a quarter-century, the industry has been supported by federal tax credits that helped it attract $250 billion in investment