Pay Raises At The Top
U.S. CEO Pay Jumps Minimum Of 27 Percent Last Year, Survey Finds
While the incomes of so many Americans remain the same size or get smaller, corporate chiefs can't say they're suffering in quite the same way.
American CEOs saw pay increases of between 27 and 40 percent last year, according to a GovernanceMetrics International survey cited by the Guardian. In addition, the median value of CEOs profits on stock options jumped to $1.3 million from $950,400 -- a 70 percent boost.
This, even after Congress passed financial reform regulations that included provisions aimed at making CEO pay more transparent by allowing shareholders to weigh in.
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