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The slowdown in raises is unlikely to quell mounting criticism that CEO pay has become excessively high and the imbalance between company bosses and rank-and-file workers too wide.
After ballooning for years, CEO pay growth is finally slowing
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.
Breaking News, Sports, Manitoba, Canada
The typical CEO running an S&P 500 company made $14.8 million last year, compared with $77,178 for the typical worker.