GRAVITY-DEFYING CEO PAY

摘要

Our report on executive compensation will only fuel the outrage over corporate greed. In 2011 the chief executives of the 500 biggest companies in the U.S. (as measured by a composite ranking of sales, profits, assets and market value) got a collective pay raise of 16% last year, to $5.2 billion. This compares with a 3% pay raise for the average American worker. So much for the moral suasion granted to shareholders last year with the first-ever say-on-pay votes for U.S. public companies. A no vote, already a rare thing, is hardly ever binding. You can see the results of our annual long-term look at performance and pay in the scorecard on page 96.