CEO Pay Soars at Companies That Send Jobs Overseas

CEO Pay Soars at Companies That Send Jobs Overseas

From the Press Release: "Average CEO compensation at the 50 firms outsourcing the most service jobs increased by 46 percent in 2003, compared to a 9 percent average increase for all CEOs at the 365 large companies surveyed by Business Week. Top outsourcers earned an average of $10.4 million in 2003, 28 percent more than the average CEO compensation of $8.1 million. From 2001 to 2003, the top 50 outsourcing CEOs earned $2.2 billion while sending an estimated 200,000 jobs overseas."