Does the CEO really provide enough value to the company to justify a salary equal to the median salaries of 100 workers at the company? 300 workers? 1,000 workers?
On average, CEOs of companies on the S&P 500 list take home 204 times the median pay of other workers at their companies, according to a report from job and recruiting website Glassdoor. Among those companies, Discovery Communications came in at the top of the list, with the CEO making 1,951 times the median worker’s salary. The CEOs of Chipotle, CVS Health and Wal-Mart likewise reported salaries more than 1,000 times the compensation of the median worker at their respective companies. Other organizations, such as the American Federation of Labor and Congress of Industrial Organization (AFL-CIO), estimate even higher ratios for these companies.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
