(CNBC) — The average pay for an S&P 500 CEO was $12.4 million in 2015, or 335 times the pay of a rank-and-file worker, according to a new report from the AFL-CIO.
That gap is actually narrower than the one posted in 2014, when CEOs earned $13.5 million, or 373 times the pay of the average worker.
The 2015 AFL-CIO Executive PayWatch compares average compensation of S&P 500 CEOs with the average pay of nonsupervisory workers as reported by the Bureau of Labor Statistics. Nonsupervisory workers earned $36,875 in 2015.
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