
“While the S&P 500 notched a 30% gain in 2013, chief executives saw their compensation packages soar to the eight-figure mark for the first time, with median pay coming in at a cool $10.5 million, up 8.8% from 2012. Stock rewards alone grew 17% on the year, to $4.5 million. Given the 1.3% rise in salary the average U.S. employee received last year, these latest figures should help keep the pay disparity conversation going strong. Of course, there’s also plenty of disparity within the rarefied CEO universe, with a $36.8 million compensation gap between just the top and 10th-highest earners on AP’s list.”
http://finance.yahoo.com/news/median-ceo-pay-crosses–10-million-in-2013-195636213.html
Related posts:
Crashes of Convenience: Michael Hastings
Critical crypto bug exposes Yahoo Mail, other passwords
3-D-printed gun available for download after firing first shots
Baltimore must return $2.8mn after audit finds faulty speed cameras
Geithner's Final Trick: Bye Bye Dodd-Frank, Volcker Rule
Massachusetts: Police Cannot Search Nervous Motorists
Black-Clad Einsatzgruppen Confiscate Guns in California
Is Windows 8 a Trojan Horse for the NSA? The German Government Thinks So
NSA Can 'Easily' Break Cellphone Encryption, Report Says
Drug Policy Alliance: Why isn’t the DEA shut down?
Obama Funded Syrian Rebels Mauling Christians, Using Child Soldiers
President Obama, Don't Strike Syria, Especially Without Congressional Approval
Regulation Of Bitcoin - The First European Bitcoin Convention
Comedian Lee Camp: Syria is a Money and Power Grab
Drama: Yemen, Guantanamo Bay, Stamford, CT