Nearly every S&P 500 company relies on external compensation consultants to guide executive pay decisions—and the market is highly concentrated among a handful of firms. According to MyLogIQ’s CompanyIQ® platform, which tracks executive compensation trends and disclosures, the latest analysis reveals how this critical advisory market has evolved over the past five years. Key Findings…
Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher…
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,…
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…
Compensation for chief financial officers rose 9% in 2021 compared to the prior year, as CFOs helped their companies navigate the ongoing economic effects of the pandemic, including a tight labor market, backlogged supply chains and higher inflation. Finance chiefs at S&P 500-listed companies last year made $4.7 million in median compensation, continuing an upward…
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…
The average S&P 500 board of directors cost their companies $3.3 million in compensation with the average per board member pay hitting nearly $325,000 in fiscal year 2020. This represents a nearly 11% increase in compensation since 2016. We used our CompanyIQ® Director Compensation database to analyze board compensation trends for the past five compensation…
2020 will go down in the corporate annals as the year of the CFO. That’s a bold pronouncement, but at a time of extraordinary economic uncertainty during a literal existential crisis, CEOs of private companies (and publicly traded ones, too) turned to the professional knowledge and judgment of their CFOs to plan, manage and direct…