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Friday, April 1, 2011

Happy Days Are Here Again - If You're A CEO

[From Digby, at Hullabaloo]:

At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way back to prerecession levels, a USA TODAY analysis of data from GovernanceMetrics International found. Workers in private industry, meanwhile, saw their compensation grow just 2.1% in the 12 months ended December 2010, says the Bureau of Labor Statistics.

Median CEO pay is 9 million dollars a year.

[For more, here's a link to a Think Progress article on the subject.]

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