Stay updated with breaking news from Executive Paywatch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.
NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at
The chasm between executive compensation and pay for workers widened in 2023, when average employees saw meager gains.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year.
The median pay package for chief executives rose to $16.3 million, up 12.6 percent.