Agenda – Executive Pay Growth Slowed Last Year
November 10, 2021
Chief executives at S&P 1500 companies experienced sluggish pay growth last year as businesses grappled with the effects of the Covid-19 pandemic. Still, the wage gap between leadership and workers grew by the largest margin in the past three years, according to a recent report.
Overall, compensation experts such as Marc Hodak, a partner at Farient Advisors, view the recent slow growth in executive compensation as a temporary trend. “As soon as things get back to normal, whatever that normal is going to look like, CEO pay is going to resume its upward climb,” he said.