CEOs Screwing Workers with Sarah Anderson of the Global Economy Project at IPS and Co-Editor of Inequality.org

<p>“At Amazon, the CEO got $213 million last year, and that was 6,474 times as much as median worker pay at the company, which was about $32,800.”</p> <p>Sarah Anderson Director of the Global Economy Project at IPS and Co-Editor of <a href='http://www.inequality.org/'>Inequality.org</a></p> <p>Executive Excess 2022</p> <p>The CEOs at America’s largest low-wage employers are grabbing huge raises while workers and consumers struggle with rising costs.</p> <p>Sarah Anderson and her co-authors at the Institute for Policy Studies <a href='https://ips-dc.org/report-executive-excess-2021/'>found that more than half of our nation’s 100 largest low-wage employers</a> changed their own rules to ensure huge payouts for CEOs in 2020 — while workers lost wages, jobs, and even their lives. On average, the CEOs at these rule-rigging firms pocketed 29 percent raises while their median worker pay fell by 2 percent. Learn more at: <a href='https://ips-dc.org/report-executive-excess-2022/'>https://ips-dc.org/report-executive-excess-2022</a> </p> <p>About Sarah Anderson</p> <p>Sarah Anderson directs the Global Economy Project at the Institute for Policy Studies and is a co-editor of the IPS web site <a href='http://www.inequality.org/'>Inequality.org</a>. Sarah’s research covers a wide range of international and domestic economic issues, including inequality, Wall Street reform, CEO pay, taxes, labor, and international trade and investment. Sarah is a well-known expert on executive compensation, as the lead author of more than 20 annual <a href='https://ips-dc.org/global-economy/executive-excess/'>“Executive Excess” reports</a> that have received extensive media coverage.</p> <p>During the Obama administration, she served on the Investment Subcommittee of the U.S. State Department’s Advisory Committee on International Economic Policy (ACIEP). In 2009, this subcommittee carried out a review of the U.S. model bilateral investment treaty. In 2000, she served on the staff of the bipartisan International Financial Institutions Advisory C