Pay to corporate directors grew at a slower rate in 2005, compared to the previous year, according to a study by Mercer Human Resource Consulting.

The study found that corporate directors received an average 6.1 percent increase in compensation in 2005, compared to a 17.8 percent rise in 2004. And last year, median pay among the chief executives at most of the country's 100 largest companies rose 25 percent, to $17.9 million.

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