The median CEO pay package hit $10.5 million last year, according to the Associated Press, cracking eight figures for the first time since the wire service began calculating the statistic. The median compensation number rose by 8.8 percent from 2012 and has now climbed by more than 50 percent over the past four years. By contrast, average weekly wages for working Americans rose just 1.3 percent last year, the AP notes. That disparity is all too typical of the modern U.S. economy. CEO compensation has increased 127 times faster than worker pay over the past three decades. According to […]

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