"CEO salaries are out of control"
B92 17.06.2024 | Investitor.me
Salaries for US executives increased at the fastest rate in 14 years, according to data that critics say illustrates how rising pay packages for those like Elon Musk risk exacerbating social inequality.
So far, median CEO pay at companies in the S&P 500 has risen 12 percent, according to ISS Corporate. The annual increase in general wages in the US was much lower, 4.1 percent, according to official data, as reported by Investor.me. Musk secured a landslide victory in a shareholder vote last week on his $56 billion stock option package - the largest in US history. Musk's victory -- a vote confirming a pay package first defined in 2018 -- sends a message to