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May 09, 2011
CEO Pay at Largest Companies Jumped 11% in 2010: WSJ/HayGroup Study

The Wall Street Journal and the Hay Group study of proxy statements at the top 350 U.S. companies shows that salaries, bonuses, and long-term incentive awards jumped 11% in 2010 according to a report in the WSJ.

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This double-digit rise followed a year where CEO pay was flat, according the article.

The study measured CEO pay by The Journal measured CEO pay by total direct compensation, which includes salary, bonuses and the granted value of stock, stock options and other long-term incentives given for service in fiscal 2010.

The article reports that the sharpest gains were in bonuses, which increased 19.7%, while CEO medium income rose by a medium of 17%.

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