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Paywatch: CEO-Workers Pay Gap Hits Record
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Aug. 19, 2026 | WAGES | The gap between median CEO pay and median U.S. worker pay grew to a record 312-1 last year, the AFL-CIO’s annual Paywatch study shows. But add in the $158 billion Tesla paid its CEO, Elon Musk, and that ratio becomes 17-1/4 times as large, at 5,387-1. Think that figure is huge? Paywatch calculates the ratio between Musk’s pay and that of a median Tesla worker is a canyon: 2.522 million-1. And Musk didn’t even work full-time at Tesla, [AFL-CIO’s] Secretary-Treasurer Fred Redmond said in unveiling the report, based on corporate data sent to U.S. agencies. …The largesse to Musk “boggles the mind,” Redmond said. It also skewed the figures of the Paywatch report. It was so huge, Paywatch had to calculate all its ratios twice: Once with Musk and once without him. The entire report, by company, sector, and state, is available at www.paywatch.org. Full story at People’s World
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