Turns out C-Suite compensation increases in the past year weren't much greater than what the rank-and-file employees in the U.S. received. A Mercer analysis of 240 public company compensation data showed that increases by type of compensation and by size of company were in the same range as for employees overall: 3-5 percent.
Long-term incentive pay grew by 4 percent in 2013 vs. 2012. Long-term incentives comprised two-thirds of total compensation. The median compensation package was $9.6 million, the median long-term incentive component just under $6.5 million.
Total median compensation increased by 3 percent for CEOs at Top 100 companies and by 5 percent for those at Top 500 firms, although the amount earned by the Top 100 bosses was still considerably higher ($14.4 million) than that earned by those at Top 500 companies ($8.6 million).
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
