The pay gap between CEOs and their employees has widened over the past half decade, according to an analysis by Agenda of S&P 500 proxy statements. In 2022, half of all S&P 500 CEOs earned at least $183 for every dollar earned by their company’s typical employee. This value is $16 higher than it was…
With two-thirds of the S&P 500 reporting 2021 CEO compensation as of April 11, 2022, we can see which companies are in the 1,000+ CEO pay ratio club. There are 13 so far with David Zaslav at the newly merged Warner Bros. Discovery leading the group. Using our CompanyIQ® executive compensation database, we analyzed the…
13 S&P 500 CEOs Belong to the Thousand Times Plus Club – Our review of the 359 proxy statements filed by S&P 500 companies as of April 14, 2020 indicates that 13 CEOs made more than 1,000 times their employees’ median annual salary in 2019. The chart on page 2 and the table on page…
McDonald’s Corp. has been among the American companies that pay its workers the least. As some evidence of the ongoing pay problem at the fast-food chain, the U.S. Securities and Exchange Commission has released the compensation of McDonald’s CEO Stephen Easterbrook. He was paid $15.9 million in 2018. That is 2,124 times the median employee salary of…
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…
McDonald’s Corp. (NYSE: MCD) has been among the American companies that pay its workers the least. As some evidence of the ongoing pay problem at the fast-food chain, the U.S. Securities and Exchange Commission has released the compensation of McDonald’s CEO Stephen Easterbrook. He was paid $15.9 million in 2018. That is 2,124 times the median…
Former Vice President Joe Biden (D., Del.) is running for President again. And one of Donald Trump’s 2016 rivals thinks that Mr. Biden is the most formidable of the potential 2020 rivals. The website Mediaite notes that former New Jersey Governor Chris Christie, who ran against Mr. Trump in the last round of Republican primaries, sees a potential GOP problem…
It was a fruitful year for the rank and file at oil-and-gas companies, from Exxon Mobil Corp. XOM 0.25% to Phillips 66. PSX -2.57% Oil-and-gas drillers and refiners had some of the highest-paid median workers in the energy and utility sectors in 2018, according to The Wall Street Journal analysis of annual pay disclosures for hundreds of big U.S. companies as provided by…
Chief executives have long earned some of the largest paychecks in America, but at what point does their compensation defy reason? If you’re Abigail Disney, the granddaughter of the Disney company’s co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year. In a series of…
Income inequality is a growing problem in the United States. In cities across the country, the rich are getting richer while the poor are getting poorer. Perhaps nowhere is the problem more apparent than in the corporate world. In some of the largest and most recognizable global companies, chief executives earn in less than an hour…