Using our CompanyIQ® compensation database, we analyzed the top pay elements of S&P 500 CEO compensation based on the 368 2021 year-to-date (YTD) proxies released as of 4/18/22. With nearly three-quarters of companies reporting, we looked at the following three elements of CEO pay as well as total compensation and found that: The average S&P…
The amount of money America CEOs make has been called obscene. It is often many hundred times what their employees earn. The trend has been particularly criticized at public corporations that pay people little more than the locally mandated minimum wage. This has included, in the recent past, such operations as McDonald’s, Starbucks, and Walmart….
The chief executive officers of America’s largest companies have enjoyed pay raises most years for decades. That was interrupted at some public corporations, as the COVID-19 pandemic caused some of them to agree to salary cuts due to a decline in earnings or large layoffs of their workers. U.S. Securities and Exchange Commission (SEC) data…
In the 12 months through March, average hourly earnings soared 5.6% for American workers. Things are going especially well for chief executives. Median pay for CEOS of S&P 500 companies climbed 6% to a record $14.2 million last year from the previous high of $13.4 million a year earlier, according to The Wall Street Journal,…
After a late 2021 surge to over $130 per share, Roblox stock has taken a dive in recent months. The gaming platform is now down roughly 30% from its March 2021 initial public offering price to around $48 per share. Poor stock performance didn’t stop the board from rewarding CEO and founder David Baszucki with…
The rich got richer in 2021, as the median pay for the nation’s CEOs is on pace to set a record this year, up a whopping 19% over the year before. Just one year after many CEOs took pay cuts amid the worst of the coronavirus pandemic, median pay rose to $14.2 million last year…
The boss of Roblox Corp. received a pay package that the videogame company valued at $233 million last year, instantly putting him in the ranks of the country’s top-paid chief executives, a Monday Securities filing showed. David Baszucki, co-founder and chief executive officer of Roblox, had received just $6.8 million in 2020. Most of his…
Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers. Median pay rose to $14.2 million last year for the leaders of S&P 500 companies, up from a record $13.4 million for…
The highest-paid executive in Hollywood last year isn’t a studio chief or a venture capitalist. It is Ari Emanuel, the chief executive of Endeavor Group Holdings Inc., the agency which he co-founded nearly three decades ago. Mr. Emanuel’s 2021 pay package, revealed this month in Endeavor’s first-ever annual report as a public company, is valued…
Although executive perks are declining overall, one of the more common perks offered to executives is financial planning services. Indeed, about 29% of companies in the S&P 500 provided some form of financial planning perk to executives last year, according to Main Data Group. The perk is more common among the largest companies: of the NEOs…