Apple Ceo Pay Compared To Floor Workers
Apple inc annual reports of executive compensation and pay are most commonly found in the def 14a documents.
Apple ceo pay compared to floor workers. At the top of the list four ceos earn more than 1 000 times the salary of their median worker. By the standards of retailing apple offers above average pay well above the minimum wage of 7 25 and better than the gap though slightly less than. Today fortune 500 ceos make 204 times regular workers on average bloomberg found. Craig jelinek costco s ceo to his median employee s salary is far below that of some of his peers.
The commitment of executives is clear as well as the pay ratio of w. Continue reading below cook 59. Well first we learned that ceos get paid a lot. Apple s highest paid executive earns nearly twice as much as ceo tim cook salaries for high ranking staff at the tech company can be staggeringly high with one woman reportedly having earned.
Total equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The ratio is up from 120 to 1 in 2000 42 to 1 in 1980 and 20 to 1 in 1950. Median worker annual pay cash ceo annual pay cash pay ratio cash total ceo compensation of ceo comp that is cash. The study found that apple s cook had by far the highest compensation of any ceo.
Information was available for 313 such companies. Apple ceo tim cook s pay declined slightly in 2019 due to a change in the iphone maker s payout plan even as the company s stock reached all time highs. His pay was nearly five times that of the second ranking ceo. The average pay among the ceos was 13 million a hefty amount to be sure.
You know chump change. The biggest gap was at media company discovery communications where ceo david zaslav earned 156 1 million last year nearly 1 951 times the firm s median salary of 80 000. The ratio of ceo to worker pay has increased 1 000 percent since 1950 according to data from bloomberg. The study examined 2011 compensation for ceos of s p 500 companies.
Disney s robert iger highest paid ceo making over 65 million in 2018 while amazon ceo jeff bezos made the least a paltry 1 6 million.