Showing posts with label CEO Pay. Show all posts
Showing posts with label CEO Pay. Show all posts

Tuesday, April 14, 2009

More CEOs received pay hikes than cuts in 2008.

This is from Thinkprogress.org
According to a new AFL-CIO survey of 946 companies, last year, 480 executives received pay raises, while 463 received pay cuts. Furthermore, the “median CEO salary rose 7 percent in 2008. CEO perks at the companies surveyed also went up, nearly 13 percent to an average value of $336,246, according to the survey. Of CEOs whose compensation increased, the average was $5.4 million, including salary, bonuses and stock options.” Today, the AFL-CIO also launched a new Executive PayWatch site.
Wow the Clinton Administration sure did a lot for CEO pay according to this chart.