News: Compensation for women CEOs booming


Compensation for women CEOs booming

Women Chief executive officers’ pay is shattering the glass ceiling. Boosted by a $47.2 million package for Carol Bartz of Yahoo and $26.3 million for Irene Rosenfeld of Kraft Foods, compensation for woman CEOs is booming.

Sixteen women heading companies in the Standard & Poor's 500 Index averaged earnings of $14.2 million in their latest fiscal years, 43% more than the male average, according to data compiled by a news agency from proxy filings. The women who were also CEOs in 2008 got a 19% raise in 2009 — while the men took a 5% cut.

Topics: #Updates, #TotalRewards, Diversity, Compensation & Benefits, Strategic HR

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