CEOs in S&P 500 companies see massive 13% pay increase amid inflation concerns – See who tops the list!
New York, NY – Chief executives leading companies in the S&P 500 saw a significant increase in their compensation packages last year, outpacing the gains for workers amid rising inflationary pressures impacting American households. Analysis conducted for The Associated Press by Equilar revealed that the median pay package for CEOs rose by 12.6% to $16.3 million, while wages and benefits for private-sector workers only increased by 4.1% in 2023. A stark contrast was highlighted as …