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Top CEOs Make 331 Times the Average Worker. Does Anyone Care?

Chief executives of companies in the Standard & Poor’s 500-stock index made an average $11.7 million last year. The average production and nonsupervisory worker: $35,239. That means CEOs are paid 331 times the average worker, according to a report released this week by the AFL-CIO, a federation of trade unions.

The difference may be shocking, especially in the face of a shrinking American middle class. The U.S. Securities and Exchange Commission recently said it wants companies to disclose the CEO-worker pay ratio. But does such information make any difference?