Page 6 - Jonathan Jaffe News Today

Most CEOs make more in a year than the workers under them will make in a lifetime, despite their raises this year being lower than average.

“I’m not surprised that after two record years in a row, pay hikes cooled somewhat,” says Sarah Anderson, who directs the Global Economy Project at the progressive Institute for Policy Studies. “What we shouldn’t lose sight of is that CEO pay is still off the charts by historical measures.”

Typical packages were worth a median $14.8mn last year, reversing the 17% climb in 2021, when boards rewarded execs for steering companies through the turbulence of the pandemic era.

The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median of $14.8 million

Pay disparity between chief executives and rank-and-file workers, which has been widening for years, narrowed only slightly.

After ballooning for years, CEO pay growth is finally slowing. The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median

After ballooning for years, CEO pay growth is finally slowing. The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median of $14.8 million, according to data analyzed for The Associated Press by Equilar. That means half the CEOs in the

But it would still take a typical worker two lifetimes to make their annual pay.

After ballooning for years, CEO pay growth is finally slowing.

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