The pay gap between CEOs and their employees has widened over the past half decade, according to an analysis by Agenda of S&P 500 proxy statements. In 2022, half of all S&P 500 CEOs earned at least $183 for every dollar earned by their company’s typical employee. This value is $16 higher than it was…
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly landing him among the highest-paid CEOs. His payday could end up being even bigger, thanks to a surge in the company’s share price. Lately, the market has valued the underlying shares at roughly $1.3 billion. The gains are revealed in…
Chief executive officers at the top 15 public real estate investment trusts all earned upward of $4 million last year, with the largest firm’s CEO inching toward a annual compensation total of nearly $50 million last year. …Data from public company intelligence provider MyLogIQ showed Prologis CEO Hamid Moghadam taking the cake with total pay…
“We’re fed up with falling behind,” declared Shawn Fain, the boss of America’s United Auto Workers (UAW), last month after the union began a campaign of intermittent strikes at Ford, General Motors (GM) and Stellantis, America’s “big three” carmakers. A month in and the two sides are still at loggerheads. Jim Farley, Ford’s chief executive,…
The SEC has revisited its pay-versus-performance disclosure rule with a fresh batch of question-and-answer guidance about various technical aspects of the one-year old rule. The guidance, in the form of nine compliance and disclosure interpretations (CD&Is), generally addresses how companies should treat valuation issues and metrics for the purposes of calculating figures in the disclosure…
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?…
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…
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…
“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…
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…
888-564-4910
Account Login