From fiery speeches on union picket lines to pointed shareholder resolutions, criticism of CEO pay packages has taken on new urgency in 2023, even as the gap between the salaries at the top and bottom of the corporate ladder has continued to grow. How outlandish have CEO salaries gotten? Can they ever be reined in?… Continue reading See How Much Corporate Leaders Make Compared with Their Employees
Tag: CEO Pay
How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts
Money can, in fact, buy happiness: A much publicized 2010 study found that employees needed to earn $75,000 per year to feel fulfilled, and that each additional dollar above that wouldn’t make a difference. But according to more recent research from Matthew Killingsworth, a senior fellow at the University of Pennsylvania, there is no such… Continue reading How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts
The 15 ‘Most Fairly’ Paid CEOs
As more states require companies to share information on salary transparency, the question of pay equity between executives and workers is being taken up by unions, shareholder activists, and researchers who question why CEO pay has ballooned in recent years. But the latest batch of executive compensation disclosures filed with the Securities and Exchange Commission… Continue reading The 15 ‘Most Fairly’ Paid CEOs
The 15 ‘Least Fairly’ Paid CEOs
“Fair” is a subjective term when it comes to compensation. Does someone whose leadership drives a company’s stock price to new heights deserve compensation that’s exponentially higher than the people working for him or her? Sometimes, perhaps. At some point, though, the ratio between pay for folks at the top of the org chart and… Continue reading The 15 ‘Least Fairly’ Paid CEOs
Special Report: Understanding Out-of-Control CEO Pay—and Why It’s a Problem
In July of 2023, right before the start of the actors’ strike and more than two months into the Hollywood writers’ strike, Disney CEO Bob Iger was attending investment firm Allen & Company’s annual Sun Valley Conference, an event known as “summer camp for billionaires.” It was there—the same day it was announced that his… Continue reading Special Report: Understanding Out-of-Control CEO Pay—and Why It’s a Problem
A Breakdown of Paydays at America’s Biggest Companies
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… Continue reading A Breakdown of Paydays at America’s Biggest Companies
CEO Pay Saw Sharp Decline in 2022: Report
Nearly two-thirds of chief executives at S&P 500 firms earled less in 2022 than they were originally awarded, according to new data. …According to the Wall Street Journal, which analyzed data tabulated by public company intelligence provider MyLogIQ, while the lion’s share of S&P 500 CEOs lost money from when their pay was issued last… Continue reading CEO Pay Saw Sharp Decline in 2022: Report
CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade
The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy. …The numbers show that in 2022 about two-thirds of the top executives at S&P 500 companies ended… Continue reading CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade