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CEO Pay Continued to Rise in 2023, , Widening the Income Gap , Between Executives and Workers.<br/>'The Independent' reports that the typical CEO <br/>compensation for S&P companies continues to<br/>increase, outpacing wages for average workers.<br/>The Associated Press released its annual analysis of <br/>CEO pay, which takes into account salaries, bonuses, <br/>perks and other pay components, like stock awards.<br/>According to the data, median CEO pay jumped almost <br/>13% in 2023, over three times more than the 4.1% increase <br/>to wages and benefits for private-sector workers.<br/>The median pay package for CEO's in 2023 <br/>was up 12.6% from 2022, reaching $16.3 million.<br/>With $16.3 million representing the midpoint, approximately half of the S&P 500 CEOs <br/>included in the survey earned even more.<br/>According to the survey, the income gap <br/>was even wider at companies where<br/>workers earn lower wages, like retail.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>In addition to the widening gap between <br/>employees and CEOs, the survey also <br/>highlighted the persistence of gender inequality. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million.

CEO Pay Continued to Rise in 2023, Widening the Income Gap Between Executives and Workers

⏲ 1:30 👁 15.6M

Armand Curet

How Fast Can You Climb the Government (GS) Pay Ladder?!

⏲ 5 minutes 1 second 👁 10.5K

Armand Curet

Higher GS Pay Grades Faster 💰

⏲ 5 minutes 1 second 👁 4.4K

Are you ready to elevate your project management career? Discover how PRINCE2 certification can unlock new opportunities for you! PRINCE2 is a globally recognized methodology that offers a structured, process-based approach to project management. <br/>With this certification, you'll enhance your skills, increase your marketability, and boost your earning potential. Employers highly value certified professionals for their ability to deliver projects efficiently and effectively.<br/><br/>Start your PRINCE2 journey today with AdvisedSkills, a reputable training provider. Visit AdvisedSkills.com to learn more and take the first step towards your certification. Unlock your potential and lead successful projects with confidence!<br/><br/>Don't miss out on this opportunity to stand out in the competitive job market. Register for PRINCE2 training now at https://www.advisedskills.com/courses/project-management/prince2/prince2-6th-edition-foundation and take the first step towards becoming a certified project management professional!<br/><br/>#PRINCE2 #ProjectManagement #Certification #CareerBoost #AdvisedSkills #ProfessionalDevelopment

Elevate Your Career with PRINCE2 Certification | Advised Skills

⏲ 1:8 👁 10K

Armand Curet

GS Pay Scale Explained

⏲ 5 minutes 52 seconds 👁 10.5K

Armand Curet

Government Promotion Myths: The Truth You Need to Know

⏲ 5 minutes 42 seconds 👁 1.4K

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 👁 300K

Armand Curet

2024 Largest Pay Raise in Decades 💸

⏲ 4 minutes 48 seconds 👁 6.8K

Easy Federal Resumes and More

GS and GG Pay Scales what do they Mean? | You Can Negotiate Pay | USAJOBS Tips you need to Know Now

⏲ 7 minutes 2 seconds 👁 12K

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 ✓ 01-Jun-2024

Federal Hiring Advice

How to Negotiate Your Federal Salary in the Tentative Job Offer

⏲ 19 minutes 26 seconds 👁 15.7K

Dr. Alexis

Prophetic Word June 2024

⏲ 1 hour 36 minutes 3 seconds 👁 6.8K

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