Categories: Yahoo Finance

Here’s How Much S&P 500 Companies Paid Workers During the Pandemic

The coronavirus pandemic undoubtedly caused upheaval for millions of workers, with many losing their jobs, while others have seen their work seriously disrupted.

Many also, however, saw their roles unscathed by the pandemic, while some even saw pay rises, with a new analysis from The Wall Street Journal highlighting the differences in median pay among S&P 500 companies – the 500 large firms listed on stock exchanges in the US.

According to The Wall Street Journal the median pay at about a third of S&P 500 companies changed by five per cent or less in both directions last year.

In an analysis of annual disclosures from 492 companies using data provided by MyLogIQ, the newspaper found that nearly 140 companies in the S&P 500 saw their median worker paid at least $100,000 last year, with Netflix and railroad CSX Corp among those named.

 

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