Alphabet and Meta among top-paying big companies in 2022: WSJ

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Despite their mass layoffs, Alphabet and Meta were among the top-paying big companies in 2022, according to analysis in the Wall Street Journal

Google's median pay package slipped from the top spot in 2021, according to the Journal's analysis.

The Journal reported that, overall, median salary ranges in 2022 didn't fall"significantly" from 2021, when public companies The Journal calculated how much more CEOs earned than the company average by dividing the CEO's annual compensation, found in SEC filings, by the median pay. Among the S&P 500 executives, Alphabet CEO Sundar Pichai took home the highest salary package of $226 million — 808 times more than the company's median pay. Meta chief Mark Zuckerberg took home $28 million in compensation, 91 times more than its median pay. Vici Properties' CEO Edward Pitoniak had a pay ratio of 28 — down from 273 in 2021.

While the data analyzed compensation from median workers, the Journal noted that, while companies have to disclose the total compensation offered to median employees globally,"they have some latitude in how they identify their median worker."Subscribe to push notifications

 

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