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…
Given rising layoffs and a stubbornly high inflation rate, you’d think companies would be pinching pennies on worker salaries these days. Yet the opposite is happening, according to a new study. In general, annual compensation (i.e., salary, bonuses, and benefits) rose higher in 2022 than in 2021 at 278 S&P 500 Index companies according to…
Twenty-five top US companies paid workers a medium average salary of more than $100,000 in 2021, according to an analysis conducted by The Wall Street Journal. Many of the highest-paid workers were in the tech sector, where competition for highly technical talent has pushed salaries up over the past few years. Although the tech industry…
Insider has been analyzing how much CEOs and workers in the drug and biotech industries get paid. Using exclusive data from the company-intelligence firm MyLogIQ, Insider identified the 21 companies with the highest median employee pay for 2021. These 21 biotech and pharma companies all reported median employee pay of at least $350,000 last year….
Amid the pandemic, lockdowns and later a tightening job market, employee pay diverged at Florida’s large public companies in 2020. The median employee pay fell by more than 5% at 16 companies, rose by at least 5% at 35 and hovered within that range for the rest. Florida Trend examined data provided by MyLogIQ from…
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…
Almost no one has heard of Alexandria Real Estate Equities, but it was the highest-paying company in America last year, based on an analysis of S&P 500 companies. The median worker pay for its 470 workers was $295,136, an increase of 90% from 2019. The data on the pay figures comes from MyLogIQ, which provided it…
Employees of Costco Wholesale Corp. (COST 0.45%) and Home Depot Inc. (HD -0.20%) saw demand for their services swell last year as homebound Americans stocked up on food and remodeled their homes. But Costco’s median worker made 16% less in 2020 than in the previous year while Home Depot’s made 21% more. The divergence doesn’t mean one chain paid better than the other. It reflects…
The Covid-19 crisis wreaked havoc on the global economy, disrupted supply chains and cost millions of people their jobs. But for those who remained employed throughout the pandemic, their salaries remained largely unaffected by the Great Disrupter of 2020. According to The Wall Street Journal, the median pay at more than 30% of companies listed on…
While the Covid-19 pandemic disrupted millions of jobs and most businesses, many workers kept their jobs and their salaries — and some saw pay rise. Median pay changed by 5% or less either way at about a third of S&P 500 companies. It rose by more than 5% at 184 companies, and fell by more than 5% at…