CEO pay jumps 27% in one year

NEW YORK (CNNMoney) -- Who says American salaries are stagnating.

After two years of lower pay packages, chief executives at the nation's major companies enjoyed a 36.5% jump in pay last year, according to a leading survey of CEO compensation.

The average pay hike is for the top executive at each of the Standard & Poor 500 companies, according to GMI, the research group formerly known as the Corporate Library. A broader survey of CEO pay at 3,000 companies posted an average 27% increase.

CEO pay jumps 36.5% - Dec. 15, 2011

Cry me a river.

Congress Votes Itself a Pay Raise

Want a raise? Don't beg to your boss. Just vote yourself one. That's what the United States Congress just did. For the fifth year in a row, lawmakers voted not to reject their automatic "cost of living" raise that will increase the annual salary of members by $3,400 to a total of $158,103 per year.
 

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