CEOs Get A Pay Raise - Again

CEOs of the nation's largest corporations already get paid a disgusting amount. But in 2014, they all received a nearly 16 percent raise.

The latest data for the AFL-CIO's Executive PayWatch found that an S&P 500 company CEO averaged $13.5 million per year, while the average production and nonsupervisory worker earned $36,000 each year – an alarming ratio of 373-to-1.

One of the biggest pay gaps was at mega-retailer Walmart, where CEO Doug McMillion earns $9,323 an hour. An entry-level Walmart employee earning just $9 an hour would have to work for 1,036 hours just to equal that pay.

"In 2013, I earned about $12,000 as a full-time employee, which, at Walmart, isn't always 40 hours each week," said Tiffany, a former Walmart worker. "These poverty wages forced my family to receive public assistance. Walmart doesn't value me. I believe in working hard and that my work should be valued. This is why I will not stop fighting until Walmart commits to raising wages and begins valuing all of its workers."

Congress passed a law five years ago that requires all publicly traded companies to disclose the ratio between the CEO and its median worker. But Wall Street and big corporations continue to lobby hard to prevent the Securities and Exchange Commission (SEC) from enforcing this rule.

Sign this petition urging the SEC to life the veil and require companies to disclose their ratio of CEO-to-median employee pay.

And check out www.paywatch.org to learn more about the pay of top executives broken down by state and industry.