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Resource ID: #15814
Subject: Business
Source: Los Angeles Times
Affiliation: 
Date: 1990-05-27

Description

The Los Angeles Times reports that "..Already amply compensated, the state's highest-paid executives made 46 percent more last year. Workers, on average, got a 5 percent increase.... Although Disney may be in a class by itself--largely because pay is closely linked to the company's sterling performance -- soaring executive pay has become commonplace in California. ...Five years ago, seven-digit pay packages were relatively rare. Now, any chief executive of a large corporation seems to get one....

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