Interesting study coming out this week. Average CEO pay of top 365 companies on the Fortune 500 list rose 6% from 2001 to 2002 to an average pay of $3,700,000. However, of the 50 companies who layed off the most workers out of the 365 top companies, their salaries rose 44% to $5,100,000.
If you want to get ahead as a Fortune 500 CEO, you need to layoff workers.
Here is what you also should do to get ahead as a CEO of a Fortune 500. The companies with the 30 most at risk defunded employee pension plans, paid their CEO's 59% more than the median Fortune 500 company. At least somebody is getting paid.