CEO pay at S&P 500 companies jumped nearly 13% last year—widening the gap with workers
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Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.