September 23, 1999
Top Leaders See Fatter Paychecks
5.7% rise in executive compensation in '98 is double the growth rate of '97
Compensation for top executives of major non-profit groups grew at nearly double the rate last year that it did in 1997, according to The Chronicle's eighth annual compensation survey.
The median rise in chief executives' compensation was 5.7 per cent in 1998 -- meaning that half received bigger percentage gains and half were awarded smaller increases.
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