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Executive Pay Growth Outpaces Revenue

Please note: This item is from our archives and was published in 2008. It is provided for historical reference. The content may be out of date and links may no longer function.

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EMPLOYEE BENEFITS
In the year from February 2007 to February 2008, total overall executive compensation, including salary, bonuses, stock options, pension and other compensation, in domestic publicly traded companies increased 20.5%, according to a new study, while revenues increased just 2.8%.   The study was conducted by ERI Economic Research Institute and Career Journal, The Wall Street Journal Online’s channel for executives, managers and professionals.   A second study found that from 1997 to February 2008, the increase in overall compensation packages was 24.7%, while revenues for the 11-year period increased 93%.   Source: ERI Economic Research Institute, www.erieri.com, and Career Journal, www.wsj.com/careers .