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Despite getting slapped with a pay cut of 35%, CEO Albert Bourla's salary of $21.6 million was still 291 times higher than the average worker's salary of $74,000. Ceri Breeze/istockphoto 18.
The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. The typical worker's annual compensation grew just 11.9% within the same period. [5] It is the highest in the world in both absolute terms and relative to the median salary in the US ...
The gap between rich and poor is widening, and nowhere is it more apparent than American CEO salaries. Find out which companies have the largest wage gap between the CEO and its average worker
Among the most hotly contested debates in America is what to make of the vast discrepancy between the salaries of the country's top-earning CEOs and the average workers at their companies. CEO ...
Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5% year, compared to corporate profit growth of 2.9%/year and per capita income growth of 3.1%. [42] [43] By 2006 CEOs made 400 times more than average workers—a gap 20 times bigger than it was in 1965. [14]
By comparison, it is estimated that the average CEO Pay Ratio was about 20 times the typical worker’s pay in the 1950s, with that multiple rising to 42-to-1 in 1980, and to 120-to-1 in 2000". [3] While not as extreme, similar trends have been observed around the world.
That suggests CEO pay packages could get even bigger this year. The $162 million CEO. No CEO in the S&P 500 came close to the total pay of Broadcom CEO Hock Tan, who raked in $161.8 million last year.
Carnival’s CEO pay raise is modest compared to most, however, the total compensation still overshadows average worker pay which pay dropped by 68.1% in 2021 likely due to the cruise ship ...