Compensation for CEOs like Amazon chief Jeff Bezos (left) is growing at twice the rate of pay for the average worker, a new study by the executive compensation firm Equilar found. (Photo: David Ryder/Scott Olson/Getty Images)
Two studies by the executive compensation firm Equilar on Friday revealed that CEOs of some of the wealthiest companies in the U.S. are seeing their pay rise at about twice the rate of the workers who make the day-to-day operations of their businesses run.
The Associated Press commissioned a study of compensation for 340 executives at S&P 500 companies which revealed that the CEOs earned raises averaging $800,000 in 2018—a seven percent increase over the previous year.
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