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.
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.
At half the companies, it would take the worker at the middle of the company's pay scale almost 200 years to equal what the CEO makes.
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.
Even with Covid wage rises, the gap between the person in the corner office and everyone else keeps getting wider