While the incomes of so many Americans remain the same size or get smaller, corporate chiefs can't say they're suffering in quite the same way. American CEOs saw pay increases of between 27 and 40 percent last year, according to a GovernanceMetrics International survey cited by the Guardian. In addition, the median value of CEOs profits on stock options jumped to $1.3 million from $950,400.
This, even after Congress passed financial reform regulations that included provisions aimed at making CEO pay more transparent by allowing shareholders to weigh in.
The survey's findings may resonate with Occupy movement activists, who have been railing against income inequality since the protests first started. Indeed, CEO pay by itself exceeded the amount that his or her corporation paid in income taxes in at least 25 cases last year. And in the year before America's highest-highest-paid corporate chief netted more than $145 million, U.S. median income fell to below $27,000, meaning half of all earners made less than that….
Read more at http://www.huffingtonpost.com/2011/12/14/ceo-pay-sees-huge-boost-survey_n_1149535.html?ref=business
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