Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes

Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing how the kingdom is using large pay packages to lure global talent to Crown Prince Mohammed bin Salman’s national transformation plan. Neom is the most ambitious project in Saudi Arabia and one of dozens of… Continue reading Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes

The 15 CEOs in This Year’s $100 Million+ Club

The number of CEOs in the Russell 3000 making more than $100 million in total compensation has spiked over the past two years, according to data from public company intelligence provider MyLogIQ. For 2021, 15 such compensation plans have been disclosed in proxy statements thus far, led by automated digital marketing company The Trade Desk… Continue reading The 15 CEOs in This Year’s $100 Million+ Club

In a Hot Job Market, Companies Hand Out Big Awards to Retain Key Executives

Big U.S. companies are doling out one-time awards to executives in an effort to retain high-performing leaders amid record employee turnover and reward them for managing through a couple tough years. Retention awards, provided in addition to standard compensation plans, are a focus of companies’ pay disclosures this year as concerns about the tight labor… Continue reading In a Hot Job Market, Companies Hand Out Big Awards to Retain Key Executives

CEO Pay Packages Rose to $14.7 Million in 2021, a New High

The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures. Total compensation rose by at least 12% for most of the executives, and most companies recorded annual shareholder returns of nearly 30%, according to… Continue reading CEO Pay Packages Rose to $14.7 Million in 2021, a New High

The Highest Paid CEOs in the S&P 500: Top Pay Packages of 2021

How much do CEOs make? Last year, the answer ranged from $0 to nearly $300 million, according to The Wall Street Journal’s annual ranking of S&P 500 companies. The median CEO’s compensation package in 2021 was $14.7 million. Most of that amount comes in the form of equity awards that could ultimately prove to be… Continue reading The Highest Paid CEOs in the S&P 500: Top Pay Packages of 2021

Business Owner Breaks Down Why She Pays All Staff Including Herself the Same Salary and Takes Aim at CEOs Raking in Millions

Some market watchers argue that the rise in median executive payouts is a natural consequence of the stiffer competition for scarce business talent, and paying huge executive salaries adds to stockholder value. But as the difference between the average worker’s salary and executive grows wider each year, critics argue that whether they increase productivity or… Continue reading Business Owner Breaks Down Why She Pays All Staff Including Herself the Same Salary and Takes Aim at CEOs Raking in Millions