Many S & P 500 CEOs received a boost in 2018, raising their salary to $ 1 million a month


The strong US economy has created millions of jobs and pushed up wages for many Americans. It also contributed to many large company CEOs securing another increase and total compensation worth $ 1 million a month.

Median compensation for 132 bosses in the S&P 500 companies reached $ 12.4 million in 2018, up from $ 11.7 million for the same group in 2017, according to a Wall Street Journal analysis. The gains were driven by robust corporate earnings and strong equity market returns for much of the year.

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