March 28, 2014

Corporate Profits Hit A New Record High Last Year

www.thinkprogress.org/economy/2014/03/27/3420092/corporate-profits-record-2013/
"The profits have helped boost CEO pay: Among 50 public companies, they saw a 4.1 percent increase in pay at the median last year, netting $9.8 million at that mark. That’s after average CEO pay hit a record high in 2012.
But this wealth hasn’t trickled much further down. Despite the fact that workers have been increasing their productivity — helping to drive those corporate profits — they haven’t seen much of a reward."