Washington CEO Pay Ratios
By: MyLogIQ
April 8, 2019
Starbucks’ 1049 to 1 Highest So Far in 2018 – In the second year of public company disclosures about CEO pay ratios and median employee salaries Starbucks (NASDAQ: SBUX) had the highest CEO pay ratio of a Washington company for 2018 as of March 31, 2019. Or in other words, it would take an average Starbucks employee 1049 years to earn the 2018 salary of CEO Kevin Johnson. Or since Mr. Johnson made $6,400/hour, he would have earned his employees’ median pay in two (2) hours.
Expedia’s 431 to 1 Highest in 2017 – The highest CEO pay ratio for a Washington company in 2017 was 431 to 1 for Expedia Group Inc (NASDAQ: EXPE). Or in other words, it would take an average Expedia employee 431 years to earn the 2017 salary of CEO Mark Okerstrom. Or since Mr. Okerstrom $15,000/hour, he would have earned his employees’ median pay in a less than five hours.
Amazon’s Jeff Bezos’ CEO Pay Ratio Not the Highest – Despite being the world’s richest person, Jeff Bezos’ CEO pay ratio in 2017 was a relatively low 59. This is because his reported total income in 2017 was $1.7 million while Amazon’s median employee salary was $28,500.
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