Average CEO Salary Reached A New Record High ("job creators" are doing great!)
(and it's not the job of the "job creators" to create jobs, even if they are rolling in record profits and giving themselves raises)
Average CEO Salary Reached A New Record High Of $9.7 Million In 2012
May 22, 2013 at 3:45 pm
The average CEO salary broke records in 2011 at $9.6 million — and now, that record high has been topped by 2012 salaries, which averaged out to $9.7 million. Health care and media CEOs enjoyed the highest pay, while utility CEOs had the lowest at $7.5 million. Sixty percent of CEOs got a raise last year.
Though CEO pay dropped slightly after the financial crisis, it quickly rebounded to reach new heights in 2010, 2011, and now 2012. Simultaneously, the pay gap between CEOs and workers has also broken records, as the average CEO in 2012 earned 354 times more than the average worker