Typical CEO Made $9.6 Million Last Year

Profits at big U.S. companies broke records last year, and so did pay for CEOs.

It's no secret that CEOs make big money. But it can be truly shocking to see how much more they make than the people that work for them.

Tyree Johnson scrubs himself with a bar of soap in a McDonald’s bathroom and puts on fresh deodorant. He stashes his toiletries in a Kenneth Cole bag, a gift from his mother who works the counter at Macy’s, and hops on an El train. His destination: another McDonald’s. Johnson isn’t one of Chicago’s many homeless people who seek shelter in fast-food joints. He’s a McDonald’s employee, at both stores — one in the Loop, the other about a mile away in the shadow of Holy Name Cathedral.

WSJ -- "Big U.S.

Quartz's Adam Pasick points us to a report from the FT's Simon Rabinovitch on China condemning salaries among its top corporate execs. The thing is, they're not even that high, at least compared with their American counterparts.