A Breakdown of Paydays at America’s Biggest Companies

In a year marked by tech layoffs and high inflation, competition for workers helped to lift paydays at most S&P 500 companies for the second straight year, according to a Wall Street Journal analysis. Compensation for the median worker at 278 companies in the S&P 500 index was higher in 2022 than in the year… Continue reading A Breakdown of Paydays at America’s Biggest Companies

CEO Pay Saw Sharp Decline in 2022: Report

Nearly two-thirds of chief executives at S&P 500 firms earled less in 2022 than they were originally awarded, according to new data. …According to the Wall Street Journal, which analyzed data tabulated by public company intelligence provider MyLogIQ, while the lion’s share of S&P 500 CEOs lost money from when their pay was issued last… Continue reading CEO Pay Saw Sharp Decline in 2022: Report

CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade

The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy. …The numbers show that in 2022 about two-thirds of the top executives at S&P 500 companies ended… Continue reading CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade

Netflix CEOs Made $50 Million

Netflix, battered last year by a slowdown in its business, briefly had two CEOs. One was founder Reed Hastings. The other was his hand-picked partner Ted Sarandos. Hastings has stepped down recently. However, each made about $50 million last year, an extraordinary sum for executives at a troubled company. Hasting made $51,073,237 in 2022, according… Continue reading Netflix CEOs Made $50 Million

In a Hot Job Market, Companies Hand Out Big Awards to Retain Key Executives

Big U.S. companies are doling out one-time awards to executives in an effort to retain high-performing leaders amid record employee turnover and reward them for managing through a couple tough years. Retention awards, provided in addition to standard compensation plans, are a focus of companies’ pay disclosures this year as concerns about the tight labor… Continue reading In a Hot Job Market, Companies Hand Out Big Awards to Retain Key Executives