The non-profit group United for a Fair Economy has just released the results of their annual survey of CEO compensation. The finding that surprised me the most was that CEOs of the 50 companies that have done the most offshore outsourcing have seen their pay rise considerably faster than the average CEO; their pay was up by almost 50% last year, versus an average increase of 9% for all CEOs.
Why? That’s an interesting question, worth some thought (especially for you IO types out there). I don’t have an immediate answer, though a couple of theories have crossed my mind. I haven’t looked in detail at the study yet, so there may be clues or other tidbits of interest in the report. You can access the report here.