Why executive pay is skyrocketing

Behind the Money

Remuneration among CEOs in the US is rising quickly. It’s been hard to miss recent examples of massive pay packages, like for Tesla’s Elon Musk. But that growth is far outpacing that of wages for everyday workers in the US. The FT’s corporate governance reporter Patrick Temple-West outlines some reasons this is happening and looks at whether change is afoot.

Clips from Associated Press, CNBC, BBC News

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For further reading:

US executive pay rises at fastest rate in 14 years

Business school teaching case study: executive pay and shareholder democracy

UK-US CEO pay gap widens as FTSE bosses’ remuneration stagnates

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Read a transcript of this episode on FT.com

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