CNN Business Archives - CompanyIQ https://www.mylogiq.com/archives/category/cnn-business CompanyIQ Fri, 03 Dec 2021 17:55:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://www.mylogiq.com/wp-content/uploads/2022/02/cropped-favicon-32x32.png CNN Business Archives - CompanyIQ https://www.mylogiq.com/archives/category/cnn-business 32 32 California Grocery Chain Says Hero Pay Is Forcing Them To Close Stores https://www.mylogiq.com/archives/2107 Sat, 01 May 2021 20:01:06 +0000 https://www.mylogiq.com/?p=2107 CNN’s Kyung Lah takes a closer look at grocery store chains in California that say they have to close after being forced to give “hero pay” wages to employees.

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]]> CNN’s Kyung Lah takes a closer look at grocery store chains in California that say they have to close after being forced to give “hero pay” wages to employees.

The post California Grocery Chain Says Hero Pay Is Forcing Them To Close Stores appeared first on CompanyIQ.

]]> 2107 Walmart CEO Doug McMillon’s Total Pay Was Nearly $24 Million Last Year https://www.mylogiq.com/archives/1204 Tue, 23 Apr 2019 12:15:46 +0000 https://www.mylogiq.com/?p=1204 Walmart CEO Doug McMillon’s total compensation reached nearly $24 million during the last year as the company continued to hold its ground against Amazon and other rival retailers. McMillon’s salary was about $1.3 million and he was eligible for stock awards based on performance and values at $15.6 million. He is also eligible for about… Continue reading Walmart CEO Doug McMillon’s Total Pay Was Nearly $24 Million Last Year

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Walmart CEO Doug McMillon’s total compensation reached nearly $24 million during the last year as the company continued to hold its ground against Amazon and other rival retailers.

McMillon’s salary was about $1.3 million and he was eligible for stock awards based on performance and values at $15.6 million. He is also eligible for about $6.7 million in incentives and other forms of compensation.
That’s about 3.5% more than McMillon’s total compensation in the prior fiscal year. It’s also 1,076 times more than what Walmart’s median worker made. Workers got a raise, too: The median worker made nearly $22,000 last year, a 14.5% increase. That means the ratio between McMillon’s pay and the median Walmart worker was actually about 9% smaller than a year prior.

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