CEOs have done pretty well for themselves in 2019. Data from multiple compensation consultancies share one consistent finding: Pay is up.
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MyLogIQ’s data, for instance, shows that median CEO total direct comp was roughly $12.5 million for the S&P 500 and around $5.1 million for the Russell 3000.
Pay Ratios
Meanwhile, in the second year of companies’ disclosing the ratio between their median worker’s pay and the CEO’s pay, the average pay ratio is 282 to 1 for the S&P 500, MyLogIQ data shows.
At Mattel, as one example, CEO Ynon Kreiz would have to work only 36 minutes to make the entire annual wages of the company’s median worker, who made a little less than $5,500 last year.
MyLogIQ broke down what the hourly pay for CEOs would be if that were how they were compensated. Kreiz’s pay would sit at just below $9,000 per hour.
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