Rhode Island CEOs Making Money Hand Over Fist

Breaking news, CEOs are still raking in money hand over fist.

 According to the AFL-CIO’s 2016 Executive PayWatch , the average CEO of a company based in Rhode Island made $8.6 million, 202 times more than the $42,927 earned by the average Rhode Island employees. When compared to the earnings of minimum wage employees who make $9.60 per hour in Rhode Island, the gap between CEO and employee pay jumps up to a 434:1 ratio.

 Corporate CEOs are only as successful as the working people around them. Now more than ever we must address this issue of runaway CEO pay.

 Recent reports have shown that the middle class in America is slipping away. This PayWatch reports proves that there is too much wealth in too few hands.

Working people must come together to find a solution to an economy that is off balance.