AVGO Mar 2025 1130.000 put
OPR - OPR Delayed price. Currency in USD
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- Associated Press Finance
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets. The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023.
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