Friday, April 17, 2015

CEOs Get a Healthy Raise

If you were at the top of the company ladder, you probably did pretty well last year. The annual pay for CEOs rose by 12.1 percent last year, according to an analysis by professional services firm Towers Watson & Co. of 500 Standard & Poor’s 1500 companies. That accounts for their total compensation package, including such things as bonuses and stock options.

That's the highest increase in CEO pay since 2010. In 2013, the median increase in a CEO's pay was just 1.6 percent. Interestingly enough, the biggest increase was seen by CEOs at small-cap companies, who got an average raise  of 13.7 percent. CEOs at large-cap companies got an average raise of 11.6 percent, and those at mid-caps got 10.6 percent.

Meanwhile, the workers didn't fare as well. Towers & Perrin reports that the average raise for all workers last year was just 3 percent.

No comments:

Post a Comment