Average CEO Pay Jumps To $14 Million, While Workers Barely Tread Water

In an era when so many American workers have seen their wages stagnate or even fall, paychecks for top executives have climbed astronomically higher. And higher.

A new report shows that despite public outrage, the trend continues. Salaries for the 200 top-paid CEOs rose 5 percent last year to a median $14.5 million, according to a study by compensation-data company Equilar for The New York Times. The increase suggests that new Dodd-Frank regulations requiring shareholders to have a say in how much executives are paid are having little effect in reining in exorbitant executive-compensation packages.