Monday, May 30, 2011

Executive pay is zooming skyward again after pausing a few years for the recession - latimes.com

Executive pay is zooming skyward again after pausing a few years for the recession - latimes.com


The $6.4 million that Jacobs Engineering Group Inc. paid Chief Executive Craig Martin last year normally wouldn't have raised many eyebrows.

Sure, the amount was a lot more than most of us could ever hope to make for a mere 12 months' work. But it also was well below the average CEO compensation at California's 100 biggest public companies — and less than one-tenth the remuneration of the executives at the top of that ladder.

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