The Average CEO-Worker Pay Ratio is 331-to-1. These CEOs Received Over 700 Times Their Workers’ Salaries.

By Sahid Fawaz

The AFL-CIO’s Executive Paywatch reports that the average S&P 500 CEO receives compensation that is 331 times that of company employees.

If that isn’t obscene enough – remember, the CEO-worker pay ratio before the Reagan era was less than 30-to-1 – here are three CEOs that raked in over 700 times that of their workers. Notice that they are all in retail.

 

Douglas McMillon, Walmart

McMillon’s total compensation: $19,404,042 

Average Walmart worker salary: $24,000

CEO-worker pay ratio: 789-to-1

 

Carol Meyrowitz, TJX Companies (owns TJ Maxx, Marshalls, and HomeGoods)

Meyrowitz’s total compensation: $17,962,000

Average TJX worker salary: $22,0000

CEO-worker pay ratio: 816-to-1

 

Larry Merlo, CVS

Merlo total compensation: $22,855,374

Average CVS worker salary: $27,900

CEO-worker pay ratio: 819-to-1

Source: Payscale.com

 

Subscribe to the Nations largest union directory and blog site!


By submitting this form, you are consenting to receive marketing emails from: Senders Communications Group, 21201 Victory Blvd. #235, Canoga Park, CA, 91303, http://www.sendersgroup.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Featured Posts:

Giving Thanks: Labor 411’s 2018 Eagles

The world of labor has absorbed its share of body blows in 2018. We’ve already run down our list of ...
Read More

Labor 411’s 2018 Turkeys of the Year

2018 saw its share of bad players. As the stock market skyrocketed, the rich got richer while the marginalized continued ...
Read More
The Westin

Leave a Reply