1 Apr 2011 3:26 pm
In 2010, CEO Pay Went Up 27% While Worker Pay Went Up 2% The heads of the nations top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives compensation started working its way back to prerecession levels, a USA TODAY analysis of data from GovernanceMetrics International found. Workers in private industry, meanwhile, saw their compensation grow just 2.1% in the 12 months ended December 2010, says the Bureau of Labor Statistics.Two years of scaling back amid tough economic times proved temporary as three-quarters of CEOs got raises in 2010 and, in many cases, the increases were substantial.Read More....