Chief executives have long earned some of the largest paychecks in America, but at what point does their compensation defy reason? If you're Abigail Disney, the granddaughter of the Disney company's co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year.
div > div.group > p:first-child"> In a series of tweets posted on April 21, Abigail Disney criticized the level of compensation Iger receives, stating that"by any objective measure a pay ratio over a thousand is insane."The $65.7 million Iger earned last year is indeed more than 1,000 times the median salary of all Disney employees, which is $46,127, according to a study from Equilar.
And while the median income for chief executives was $189,600 in 2018, according to the Bureau of Labor Statistics, Iger is not alone in receiving multi-million dollar packages for his efforts at the helm of a company. Median compensation for 132 chief executives of S&P 500 companies hit $12.4 million last year, according to the Wall Street Journal.
But Iger's much higher pay doesn't make him an outlier. In fact, Iger joins a fairly full club of CEOs who earn over a 1,000 times more than their typical employee does. Here are the 12 other S&P 500 industry titans also earning an"insane" amount more than their staff, if we go by Abigail Disney's definition. The data used here is from a report complied earlier this month by MyLogIQ, an aggregator of public company information.Median annual employee pay: $16,440No.
MakeIt And democrats talk about a gender pay gap? LOL enjoy your liberal Starbucks, they're so stupid they will complain about it while drinking a Starbucks lol
MakeIt And the funny thing is the CEOs they don’t do a fucking thing
MakeIt Let’s talk about athletes too.
MakeIt How much do you think someone pouring coffee should make ?
MakeIt Disgusting.
MakeIt Zazlaw’s is the most obscene to me.
MakeIt So what! They ensure that the company stays solvent and functional. You have half brained athletes making much more. But just like the executives who can do what the athletes can do ?
MakeIt How much does Disney pay their lead actors in a feature film as compared to the Best Boy Grip?
MakeIt 21 century Slavery..
MakeIt Something to look forward to!😉😬
MakeIt Recall that the corresponding ratio was only about 30X for CEO vs typical worker towards the beginning of the Reagan era.. - Disney, Starbucks and 11 other companies that pay their CEO 1,000 times as much as a typical employee via
MakeIt The influential banker J.P. Morgan once said that he would never lend money to a company in which the highest-paid employee was compensated more than 20 times the lowest-paid, as it was unstable in his view.
MakeIt Ok.