Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
BOISE, Idaho (AP) — Most chief executive officers of Idaho's publicly traded companies saw their pay increased in 2013.
The median raise for the CEOs was 12 percent in each company's latest fiscal year. Only one CEO among the nine took a pay cut.
When compared with overall Idaho employee pay, the CEOs came out way ahead. Idaho workers' median hourly wage rose by half a percent in 2013. The median hourly pay for all Idaho CEOs, across all industries, went up by 5.5 percent between 2012 and 2013.
The Idaho Statesmen reports (http://bit.ly/T1R1OZ ) that Idaho's publicly traded companies generally are in line with a national trend toward tying top executives' pay to long-term performance.
___
Information from: Idaho Statesman, http://www.idahostatesman.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.