US executive pay rises at fastest rate in 14 years

[Hume]

US bosses’ pay is increasing at the fastest rate for at least 14 years, according to new figures that critics say illustrate how ballooning reward packages such as Elon Musk’s risk exacerbating social inequality.

So far in 2024, median chief executive pay at S&P 500 companies has risen by 12 per cent, according to ISS Corporate, part of proxy adviser Institutional Shareholder Services. That compares with a 4.1 per cent year-on-year increase in US wage growth, according to official figures.

US executive pay rises at fastest rate in 14 years

Figures follow Elon Musk’s triumph over record $56bn Tesla package

www.irishtimes.com

 

[T. A. Gardner]

US bosses’ pay is increasing at the fastest rate for at least 14 years, according to new figures that critics say illustrate how ballooning reward packages such as Elon Musk’s risk exacerbating social inequality.

So far in 2024, median chief executive pay at S&P 500 companies has risen by 12 per cent, according to ISS Corporate, part of proxy adviser Institutional Shareholder Services. That compares with a 4.1 per cent year-on-year increase in US wage growth, according to official figures.

US executive pay rises at fastest rate in 14 years

Figures follow Elon Musk’s triumph over record $56bn Tesla package

www.irishtimes.com

Gotta keep ahead of all that inflation don't ya know?

That is why their salaries are going up so fast. No other reason involved. Too bad the worker's they manage aren't getting similar pay raises...

 

[Hawkeye10]

Everyone is trying to suck up as much money as they can before the big crash.....even those who wont admit it feel it coming.

 

[moon]

America needs a penniless president.