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(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens
Press release/statement
Economic inequality in the U.S. can be quantified in all sorts of ways. The 1 percent account for almost 40 percent of the country’s wealth.
In the media
Susan Berfield
David Novak, the CEO of YUM! Brands, which owns Taco Bell and KFC, took home more than $22 million last year after exercising stock options, according to proxy statements. The average full-time fast-food worker, by comparison, would have made about $19,000 on the year. [...]
In the media
Dave Jamieson
The recent op-ed from NAACP LDF president Sherrilyn Ifill on the recent McCutcheon ruling is a must read. In it, she implores us to focus in on the “devastating aspect” of Chief Justice John Roberts's majority opinion ruling as summarized in his opening sentences: "There is no right more basic in
Blog
Brentin Mock
Shantel Walker has been working on and off for Papa John’s pizza since she was in high school. The 32-year-old New York City resident says that over her 15 years at a Brooklyn outlet of the Louisville, Ky.-based pizza chain, she’s received only two raises that weren’t mandated by federal or state
In the media
Angelo Young
Fast food CEOs were paid more than 1,200 times the average fast food worker in 2012, according to a new study released Tuesday by Demos, a public policy group. On a conference call to discuss the report New York City Comptroller Scott Stringer said such a wide income disparity could affect the city
In the media
Alison Fox

Extreme wage gaps within the fast food industry has made its sector the most unequal in the American economy

Research
Catherine Ruetschlin
Fast-food restaurants are serving up plenty of food for discussion in the debate over income inequality. Fast-food chief executives take home $1,000 for every $1 dollar earned by their average workers, making it the most unequal sector within the U.S. economy, according to a new report from public
In the media
Aimee Picchi
Is reducing inequality a lost cause? It can sure feel that way given what's happened in the past few decades: Like two billion new workers showing up in the global economy ready to work at a fraction of the pay of American workers. Or advances in technology and communications allowing corporations
Blog
David Callahan
A sudden change of fortune for 32,400 Detroit pensioners in the city’s historic bankruptcy — from the threat of draconian pension cuts to a modest reduction in lifetime benefits — could face mathematical scrutiny as the case proceeds, experts say. In just 10 months, Detroit Emergency Manager Kevyn
In the media
Chad Livengood