St. Louis Post-Dispatch: The boss makes more, and unions want to know how much more

St. Louis Post-Dispatch: CEO pay soars, but it’s mostly tied to performance

May 9 2013

By David Nicklaus
May 06, 2013

Excerpt:

Steven Hall & Partners, a consulting firm based in New York, says a preliminary survey of 100 large companies shows CEO pay up about 7 percent in 2012. Nearly all of the increase came in long-term incentive pay.

Steven Hall, the firm’s managing director, says boards now commonly base at least half of their CEOs’ pay on long-term measures. “You no longer see the big salary increases we used to see,” he said. “Everybody, senior officers included, generally gets the same increase the rank and file gets.”

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