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CEOs got big raises last year; workers didn t

The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.

United statesNew yorkBrandon reesWilliam lansingTed sarandosKelly malafisTim cookHamid moghadamLisa suAdvanced micro devicesFair isaac corpPrologis incApple incAssociated pressLabor departmentCompensation advisory partners

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at

New yorkUnited statesSan franciscoWilliam lansingBrandon reesSarah andersonMary barraGreg petersKelly malafisLisa suElon muskTed sarandosJane fraserTim cookHamid moghadamBarbara rentler

How much do CEOs get paid? In 2023, it was $16 3 million at the median

The chasm between executive compensation and pay for workers widened in 2023, when average employees saw meager gains.

New yorkUnited statesTim cookSarah andersonLisa suKelly malafisWilliam lansingTed sarandosHamid moghadamBrandon reesApple incAdvanced micro devicesPrologis incFair isaac corpAssociated pressInstitute for policy

CEOs Got Hefty Pay Raises In 2023, Widening The Gap With The Workers They Oversee

CEOs Got Hefty Pay Raises In 2023, Widening The Gap With The Workers They Oversee
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United statesNew yorkTim cookBrandon reesLisa suElon muskKelly malafisWilliam lansingGreg petersMary barraHamid moghadamBarbara rentlerJane fraserSarah andersonTed sarandosChristopher winfrey at charter communications

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year.

New yorkUnited statesSan franciscoBarbara rentlerSarah andersonBrandon reesJane fraserTim cookLisa suHamid moghadamKelly malafisStan choeElon muskGreg petersWilliam lansingTed sarandos