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Today is the age of the mega-church and the mega-corporation. It is common sense that top CEOs would earn more money than their employees, but have you ever wondered how much more are they really taking in?
According to Glassdoor Economic Research (as of August 2015) the average CEO pay of S&P 500 companies was $13.8 million per year while the average median worker pay was about $77,800, and the average ratio of CEO pay to median worker pay was in.
What this means is that on average, CEOs earn 204 times more than what his or her employees earn. There are some CEOs who earn even more, and some who earn much less.
Within a few years from now, in 2017, public companies will be required to share the ratio of CEO salaries to worker salaries. This will give the average consumer a better idea as to the disparity between the two.
Here are the 10 companies where the ratio of CEO pay vs. employee pay is highest, along with the 10 companies where it’s lowest:
Top 10 Companies Where CEO Pay vs. Employee Pay Ratio is Highest
- CEO vs. employee pay ratio: 1,951
- CEO David M. Zaslav pay: $156,077,912
- Median employee pay: $80,000
- Company rating: 3.8
- CEO vs. employee pay ratio: 1,522
- CEO Steve Ellis pay: $28,924,270
- Median employee pay: $19,000
- Company rating: 3.4
- CEO vs. employee pay ratio: 1,192
- CEO Larry J. Merlo pay: $32,350,733
- Median employee pay: $27,139
- Company rating: 2.7
- CEO vs. employee pay ratio: 1,133
- CEO Douglas McMillon pay: $25,592,938
- Median employee pay: $22,591
- Company rating: 3.0
- CEO vs. employee pay ratio: 939
- CEO Brian C. Cornell pay: $28,164,024
- Median employee pay: $30,000
- Company rating: 3.2
- CEO vs. employee pay ratio: 862
- CEO Leslie Moonves pay: $57,175,645
- Median employee pay: $66,365
- Company rating: 3.5
- CEO vs. employee pay ratio: 734
- CEO Steven H. Temares pay: $19,116,040
- Median employee pay: $26,047
- Company rating: 2.9
- CEO vs. employee pay ratio: 724
- CEO Terry J. Lundgren pay: $16,497,220
- Median employee pay: $22,800
- Company rating: 3.0
- CEO vs. employee pay ratio: 705
- CEO Glenn Murphy pay: $16,064,312
- Median employee pay: $22,800
- Company rating: 3.6
- CEO vs. employee pay ratio: 669
- CEO Howard D. Schultz pay: $21,466,454
- Median employee pay: $32,080
- Company rating: 3.8
Carlton Pruitt ministers the gospel to the Los Angeles area. Formerly a Hollywood actor (SAG member) and junk removal expert he now spends most of his time studying the scriptures, writing articles, hymns and poems and doing street preaching. See all his videos on https://www.YouTube.com/user/LAStreetPreacher CONTACT at [email protected]
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