PayWatch shows that CEOs made an average of $11.4 million

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PayWatch shows that CEOs made an average of $11.4 million in 2010—a 23 percent salary increase. Yet CEOs have done little to create badly needed jobs, instead sitting on a record $1.93 trillion in cash on their balance sheets. So while a secretary makes a median annual salary of $29,980, someone like Wells Fargo CEO John Stumpf rakes in $18,973,722— more than 632 times the secretary’s salary.