{"id":37198,"date":"2014-05-27T10:00:53","date_gmt":"2014-05-27T14:00:53","guid":{"rendered":"http:\/\/smart-union.dev\/news\/median-ceo-pay-crosses-10-million-in-2013\/"},"modified":"2014-05-27T10:00:53","modified_gmt":"2014-05-27T14:00:53","slug":"median-ceo-pay-crosses-10-million-in-2013","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/median-ceo-pay-crosses-10-million-in-2013\/","title":{"rendered":"Median CEO pay crosses $10 million in 2013","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
NEW YORK \u2014 They’re the $10 million men and women.<\/p>\n
Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press\/Equilar pay study.<\/p>\n
Last year was the fourth straight that CEO compensation rose following a decline during the Great Recession. The median CEO pay package climbed more than 50 percent over that stretch. A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.<\/p>\n