CEO and coin stacks According to the report’s authors, “CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills.” (Photo: Shutterstock)

You know it’s bad when heiress Abigail Disney chastises CEOs over how much they rake in each year.

With workers feeling underpaid despite the so-called “recovery,” one might ask what they’re complaining about, since wages have risen (a little) since the Great Recession. But the truth is that according to the Economic Policy Institute, employees are only getting about 12 percent more than they did 40 years ago—back in 1978, when a loaf of bread cost 33 cents and a person could buy a house for under $65,000.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.