“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:
The Emerging Bitcoin Civil War
Lew Rockwell: The First 30 Years of the Mises Institute, and the Future
DEA Seized $3.2 Billion From People Since 2007 Without Charging Any Crime
Jesse Trentadue: Death, Lies, and Revenge in Federal Custody
Police State 101, Torture Impunity, Obama's Second Chance?
John Whitehead: Round Ups, Checkpoints and National ID Cards
Famed War Reporter Robert Fisk Concludes "They Were Not Gassed"
Directed History of Modern Debtors' Prisons?
Key anecdote to defend NSA data gathering is full of holes
Sorry Kanye, Coinye Is Here to Stay
NSA, the secret AT&T spy room, and 2 Israeli companies
Scientists say ‘robot boy’ can be built within nine months
Overstock.com CEO: Steve Cohen Responsible For Corruption That Cost Hundreds Of Thousands Of Jobs
European Commission to criminalize nearly all seeds and plants not registered with government
Border Patrol Begins Arresting Prominent Humanitarian Group