American CEOs enjoy 15% pay rise in second year of double-digit hikes

[Eugene]

Source: The Guardian

American CEOs enjoy 15% pay rise in second year of double-digit hikes

Boom time for America's top bosses in 2011 contrasts with wider
economy, where average wages have been little better than flat

Dominic Rushe in New York

guardian.co.uk, Wednesday 2 May 2012 18.17 BST

America's top bosses have handed themselves double-digit pay rises for the second year in a row, according to interim figures from the most comprehensive survey of CEO pay.

The Guardian's exclusive first look at the research by GMI Ratings reveals that rising share prices helped drive a 15% pay hike for the average US CEO in 2011, with the average compensation package hitting $5.8m.

It comes on the back of a 28% pay rise the year before. The two years of double-digit growth follow two years of decline in 2008 and 2009.

[font size=1]-snip-[/font]

Read more: http://www.guardian.co.uk/business/2012/may/02/american-ceos-pay-rise

[DJ13]

1. ........

[phantom power]

2. I'm sure it will all trickle down

[Weddington]

3. US economic model is broken, Americans say

If the economy's so great, then why do so many of us feel bad about it?? -- http://www.hiffingtonpost.com/2012/03/20/americas-economic-model-is-broken_n_1367286.html

More than a (!) third of Americans worry "a lot" about their finances! Feel it? More than a third of population in this country dissatisfied with the course of State economy we follow. Okay, what if all the displeased people tomorrow will go out into the Wall Street and will join the protests?? Smells like revolutionary mood already is in the air...

Note that initially the material was published in the FT official website where currently it is already missing... (just check it right now for sure: http://www.ft.com/intl/cms/s/fe692804-71d0-11e1-b853-00144feb49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Ffe692804-71d0-11e1-b853-00144feab49a.html&_i_referer=http%3A%2F%2Flenta.ru%2Fnews%2F2012%2F03%2F20%2Fbroken%2F#axzz1uuiWQ3Ma) Being rubbed out in time... as usual... - feds keep their eyes open. Pity, but undoubtedly the main problem in this country today is that here it still turns to be much easier to rub out, to suppress or to hide problem instead of facing and solving it...

[gkhouston]

4. BAD LINK! Your first link leads to a malware-laden website.

This is the article you were trying to reference. You can edit your post to change it. btw, welcome to DU!

http://www.huffingtonpost.com/2012/03/20/americas-economic-model-is-broken_n_1367286.html