Executive compensation

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 percent last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets.

The median pay package for CEOs rose to $16.3 million, up 12.6 percent, according to data analyzed for The Associated Press by Equilar.

Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting.

The typical compensation package for chief executives who run S&P 500 companies soared 17.1 percent last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.