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Top-paid CEOs get 400% raises — you’ll get 2.9%
While many companies doled out seven-figure raises for their top brass last year, they were far more stingy with the rest of their employees — as they have been for decades now. A report released this week by executive compensation and corporate governance data firm Equilar finds that 44 of the 50 top-paid CEOs were paid more in 2013 than 2012 — these 50 CEOs saw a 21.7% increase in median pay — and two of them got raises in excess of 400%, and in one case in excess of 500% (pay includes salary, stock, options awards, cash bonuses, perks and other incentives). And some CEOs did especially well last year: the ... (full story)