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CEOs pay soared 27% in 2010... take that, peasants.

 
Anonymous Coward
User ID: 1325502
Canada
04/02/2011 06:03 PM
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CEOs pay soared 27% in 2010... take that, peasants.
[link to www.usatoday.com]

The heads of the nation’s top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.

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.
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