NEW YORK — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when
Broadcom granted Tan stock awards valued at $160.5 million on Oct. 31, 2022, for the company's 2023 fiscal year. Tan was given the opportunity to earn up to 1 million shares starting in fiscal 2025, according to a securities filing, provided that Broadcom’s stock meets certain targets – and he remains CEO for five years.
Workers across the country have been winning higher pay since the pandemic, with wages and benefits for private-sector employees rising 4.1% in 2023 after a 5.1% increase in 2022, according to the Labor Department. Shareholders do, however, occasionally reject a compensation plan, although the votes are non-binding. In 2023, shareholders at 13 companies in the S&P 500 gave the pay package less than 50% support.
Future retirees can use the RRSP to save for retirement and be financially secure with the help of a Dividend King and dividend pioneer. The post RRSP Must-Haves: 2 Canadian Stocks to Secure Your Retirement appeared first on The Motley Fool Canada.Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
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