“We’re fed up with falling behind,” declared Shawn Fain, the boss of America’s United Auto Workers (UAW), last month after the union began a campaign of intermittent strikes at Ford, General Motors (GM) and Stellantis, America’s “big three” carmakers. A month in and the two sides are still at loggerheads. Jim Farley, Ford’s chief executive,…
United Auto Workers President Shawn Fain has criticized the Big Three automakers for the raises given to their CEOs in the past few years, saying wage gains for rank-and-file employees haven’t kept pace. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies. And…
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022…
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022…
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022…
With 89% of S&P 500 companies reporting CEO compensation for 2021 as of the end of April for the 2022 proxy season, we used the CompanyIQ® executive compensation database to analyze elements of CEO compensation, median employee compensation, and CEO pay ratios. Key findings include: $18.5 M = Average CEO Total Compensation $1.2 M =…
CEO pay has been described as obscenely high by investors, worker activists, and the press. How, these groups ask, can one person be worth millions or even tens of millions of dollars in compensation each year? Asked another way, how can one person be paid so much more than company employees? For example, Aptiv Plc…
For the fourth year in a row, Gallagher has partnered with MyLogIQ to use our CompanyIQ® executive compensation data to produce the 2021 edition of CEO Executive Compensation Practices. Below are some of the report’s key findings. While CEO pay increased slightly among Russell 3000 companies in 2020, pay for CEOs in their roles five…
The U.S. Securities and Exchange Commission has long required public corporations to disclose the compensation of their top officers. The debate about whether chief executive officers are paid too much has gone on for decades. Many investors object to high CEO pay, which often runs into the tens of millions of dollars. Boards of directors…
24 S&P 500 CEOs Belong to the Thousand Times Plus Club – Our CompanyIQ® SEC EDGAR database review of the 491 proxy statements filed by S&P 500 companies as of April 30, 2019 indicates that 24 CEOs made more than 1,000 times their employees’ median annual salary in 2018.