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In an in-depth analysis of the 100 S&P 500 corporations with the lowest median worker pay levels in 2022, the Institute for Policy Studies found that the average CEO-worker pay gap was 603-to-1.
Despite getting slapped with a pay cut of 35%, CEO Albert Bourla's salary of $21.6 million was still 291 times higher than the average worker's salary of $74,000. Ceri Breeze/istockphoto 18.
The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. The typical worker's annual compensation grew just 11.9% within the same period. [5] It is the highest in the world in both absolute terms and relative to the median salary in the US ...
I'll remind you that we had to see the annual step-up in stock-based compensation at the end of Q1 each year, and that added about $1.8 billion of stock-based comp expense in Q2 versus Q1.
The pay for the five top-earning executives at each of the largest 1500 American companies for the ten years from 1994 to 2004 is estimated at approximately $500 billion in 2005 dollars. [46] As of late March 2012, USA Today's tally showed the median CEO pay of the S&P 500 for 2011 was $9.6 million. [47] Lower level executives also have fared well.
Hock Tan, the CEO of Broadcom, topped the AP survey with a pay package valued at about $162 million. Broadcom granted Tan stock awards valued at $160.5 million on Oct. 31, 2022, for the company's ...
More than 95% of Democrats, and two thirds of Republicans, say reducing CEO pay is an important issue. CEOs make nearly 200 times more than other workers and their pay hikes keep outpacing employees.
The latest annual figures from trade union AFL-CIO revealed the average CEO at the 500 largest S&P companies hauled in $16.7 million in 2022. That means it would take workers 272 years to make ...