Categories: WSJ

Industrial Firms Report Big Swings in Typical Worker’s Pay

A union job at a shipyard, mine or factory usually comes with a steady paycheck, but some U.S. industrial companies are having a hard time figuring out who their typical workers are and how much they make.

Several S&P 500 companies in the industrials and materials sector posted big swings in what they said their median worker was paid in 2018 compared with 2017, according to an analysis by The Wall Street Journal of annual disclosures for hundreds of big U.S. companies as provided by MyLogIQ.

Shipbuilder Huntington Ingalls HII -0.88% Industries Inc. and potash producer Mosaic Co. MOS -0.72% reported the typical worker got half as much as the year before. At Honeywell International Inc., HON 0.06% it was 33% higher.

admin

Recent Posts

Paramount Faces Golden Parachute Clash as CEO Steps Down

Departing Paramount Global CEO Bob Bakish's exit package is estimated to top $50 million, highlighting…

1 week ago

How ESG Metrics Are Taking Over Annual Incentive Plans

Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial…

4 weeks ago

Visual Investigation: Pay Gaps Widen as Workforce Scrutiny Grows

The pay gap between CEOs and their employees has widened over the past half decade,…

2 months ago

In a Bumper Year for CEO Pay, One Chief’s $161 Million Award Swells to $1.3 Billion

Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly…

2 months ago

Are Companies Really Reincorporating in Nevada?

Elon's Musk's $56 billion pay package's upheaval, a hedge fund sanctioned for failing to preserve…

2 months ago

Are Check Marks ‘Cheap Talk’ in Board Skills Matrices?

Disclosures about directors' skills and expertise are increasingly coming under the microscope as investors ramp…

4 months ago