CEOs of S&P 500 companies earn more in two days than the average worker will for the whole year

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CEOs of S&P 500 companies earn more in two days than the average worker will for the whole year
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That's $55,769 a day.

The most recent filings, according to the AFL-CIO union, which analyzed Securities and Exchange Commission filings, show CEOs of S&P 500 SPX, +0.35% companies took home an average of $14.5 million. That translates as $278,846 per week, or $55,769 per working day.

The second-highest paid CEO, Patrick Smith of Taser stun-gun maker Axon Enterprise AAXN, -7.00%, brought home $246 million, and just $70,027 from a salary. The third-highest-earning CEO, media company Discovery’s DISCA, -0.22% David Zaslav, made a shade under $130 million, including $3 million in salary.

To make it more of an apples-to-apples comparison, however, benefits should be included. A separate DoL survey of employers found that salaries and wages make up 69% of total employee pay. If you account for the value of paid leave, supplemental pay, insurance and retirement and savings at the same proportion as they cost employers, that’s another $16,725, taking the total pay for the typical worker to be $64,513.

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