Executive pay -- steady at best?

Typical corporate executives -- who found their paychecks shriveled by inflation for the third consecutive year last year -- probably won't make any real income gains in 1981 even with the Reagan tax cuts on their side. So reports Wharton Magazine, a University of Pennsylvania journal.

Assuming a 7 percent compound growth rate in total compensation and an average of 9 percent inflation from 1982 to 1984, the new tax rates will only maintain real income and curb further erosion in executive pay.

Reference to specific stocks, funds, or other investments in the news or advertising columns of The Christian Science Monitor is intended for the general information of readers and not as an endorsement or recommendation to buy.m

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