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13 CEOs Who Get Paid Shockingly More Than Their Employees

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Walmart CEO Michael DukeIn the past 30 years, compensation for chief executives in America has increased 127 times faster than the average worker's salary.

An annual list from Payscale compares the ratio of CEO to employee pay for the largest 100 companies as ranked by Fortune last year. (CEO pay is gathered from Fortune's list and includes salary, bonus and profit sharing, but does not include equity.)

The gap is most extreme at Wal-Mart Stores, Inc., where CEO Michael Duke gets paid 1,034 times more than his average worker. This ratio is twice as much as the second company on the list, Target (597:1).

Payscale found that worker satisfaction tends to be low at companies with an extreme CEO-to-worker pay ratio.

Alan R. Mulally gets paid 304 times more than the average Ford employee.

The ratio for CEO pay to average employee pay at Ford Motor is 304:1 with a CEO annual compensation of $20,830,000 and median annual employee compensation of $68,500.

Ford Motor pays its employees 3 percent above market relative to companies in the same industry and 70 percent of its employees say they are highly satisfied.

In 2012, the company reported $20,213 million in profits and is ranked number nine on the Fortune 500 list.

This ranking of Fortune 100 companies was created with data gathered and crunched by Payscale.



John H. Hammergren gets paid 313 times more than the average McKesson employee.

The ratio for CEO pay to average employee pay at McKesson is 313:1 with a CEO annual compensation of $19,070,000 and median annual employee compensation of $61,000.

McKesson pays its employees 1 percent above market relative to companies in the same industry and 71 percent of its employees say they are highly satisfied.

In 2012, the company reported $1,202 million in profits and is ranked number 14 on the Fortune 100 list.

This ranking of Fortune 100 companies was created with data gathered and crunched by Payscale.



Larry J. Merlo gets paid 316 times more than the average CVS Caremark employee.

The ratio for CEO pay to average employee pay at CVS Caremark is 316:1 with a CEO annual compensation of $18,160,000 and median annual employee compensation of $25,800.

CVS Caremark pays its employees 3 percent below market relative to companies in the same industry and 60 percent of its employees say they are highly satisfied.

In 2012, the company reported $3,461 million in profits and is ranked number 18 on the Fortune 100 list.

This ranking of Fortune 100 companies was created with data gathered and crunched by Payscale.



See the rest of the story at Business Insider

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