2010 was another good year to make lots of money—if you were a CEO. CEOs of the largest companies received, on average, $11.4 million in total compensation last year, according to the AFL-CIO analysis of 299
companies in the S&P 500 Index. Overall, CEOs of the 299 companies in the AFL-CIO Executive PayWatch database received a combined total of $3.4 billion in pay in 2010,
enough to support 102,325 jobs paying the median wages for all workers.[1]
The Wall Street executives who helped create the financial crisis and economic recession also did well. While cash bonuses fell, total compensation for Wall Street firms increased in 2010. The Wall Street Journal estimates that total compensation at large financial services companies rose 5.7 percent to a record $149 billion in 2010. READ MORE >>
Why CEO Pay Matters
Out-of-whack CEO pay feeds the 1% and starves the 99%.
While CEO pay soars…
U.S. Census Bureau, Selected Measures of Household Income Dispersion.
…median income falls…
Emmanuel Saez, U.C. Berkeley Department of Economics.
…the richest get richer…
Emmanuel Saez, U.C. Berkeley Department of Economics.
…and it starts looking a lot like 1929.
Case Studies Read examples of CEO pay abuses that shareholders should oppose.
CEO Pay Database Find CEO compensation data for some of the country’s largest companies.
Pay Disparity Ratio Learn about the new disclosure requirement that is giving CEOs conniptions.
What You Can Do Tell Congress that you oppose repeal of Dodd-Frank and the pay disparity ratio.
1 U.S. Bureau of Labor Statistics, May 2009 Occupational Employment and Wage Estimates, national cross-industry estimate of median annual compensation for all occupations.
