Here’s a timely riddle, given the United Auto Workers’ strike against the Big Three U.S. automakers: How long would it take for average workers to earn what...
to track executive pay for 100 top-earning U.S. companies by revenue, found that Ford CEO James Farley earned a 2022 base salary of $1.7 million, a $2.8 million bonus, and stock awards worth $15.1 million, for a compensation package totaling $21 million. That was an increase of 21% from a year earlier.The median 2022 salary for Ford workers was $74,691.
None of these calculations is foolproof. As in Farley’s case, stock grants or stock options can comprise a large portion of executive pay. Stock values fluctuate over time, while stock options typically vest after a period of years. So, the bulk of many CEO compensation packages isn’t equivalent to money in the bank.
An apples-to-apples comparison by Equilar, factoring in different methodologies used by foreign-owned Stellantis, showed that Ford’s CEO compensation increased by 21% from 2018 to 2022; GM’s rose by 34% over the same period; and Stellantis’ CEO pay decreased by 24.4%.No matter how you calculate it, the CEO-worker pay gap is vast, said Steven Balsam, an accounting professor at Temple University’s Fox School of Business.
Experts caution that the difficulties of measuring CEO stock grants and options add a layer of uncertainty to all such calculations.By
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
- Do CEOs today earn 400 times more than their typical workers, as Bernie Sanders said?Here’s a timely riddle, given the United Auto Workers’ strike against the Big Three U.S. automakers: How long would it t
Consulte Mais informação »
Russia loses over 400 artillery systems in 2 weeks: UkraineRussia has lost a total of 6,137 artillery systems since the beginning of all-out war in Ukraine last February, Ukraine's military said on Thursday.
Consulte Mais informação »
Last chance to see comet Nishimura before it vanishes for 400 yearsThe comet Nishimura is heading away from the sun and on to the outer reaches of the solar system, so you'll need to be quick if you want to catch a glimpse
Consulte Mais informação »
Southern Copper sees Peru output hitting 400 000 t this yearSouthern Copper, controlled by Grupo Mexico, expects its production of the red metal in Peru to bounce 17% this year to 400 000 metric tons, a senior executive told Reuters, driving the firm's overall output growth. The mining firm, Peru's third largest copper producer, saw its copper output slide to 342 000 tons last year from just over 398 000 tons the year before as operations at its Cuajone mine were paralyzed by almost two months of community protests. These have cooled this year despite ongoing political tension.
Consulte Mais informação »
Nearly 400 primate skulls headed for U.S. collectors seized in 'staggering' discovery at French airportMore than 392 packages filled with primate skulls and other remains were found over the course of several months at Paris Charles de Gaulle Airport.
Consulte Mais informação »