Here is a series of factoids and tables about the American CEO's financial compensation and how it compares to the average American worker.
Overall Average CEO Compensation: $ 4,219,331
Median income of all occupations in 2009 was: $ 33,190
According to the AFL-CIO’s analysis of 299 companies, a CEO of a Standard & Poor's (S&P) 500 Index company received, on average, $11.4 million in total compensation in 2010.
That would be enough money to support 8 Nobel Prize winners. or 28 United States presidents, or 178 nurses, 213 police officers, or 225 teachers, or 252 firefighters.
In other words, the combined pay of 299 CEOs could support 102,325 workers earning the median wage. But we don't have the jobs to hire these workers because those who could share some of wealth are eating the whole pie.
"Despite the collapse of the financial market at the hands of executives less than 3 years ago, the disparity between CEO and workers' pay has continued to grow to levels that are simply stunning," said Richard Trumka, AFL-CIO president.
In 2010 American CEOs made 263 times the average compensation for American workers. That is an enormous increase from the 30 to 1 ratio in the 1970s
Average CEO compensation - Forbes
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Category Stats
Age 57
Years as CEO 8
Years with Company 19
Salary $1.1 million
Annual Bonus $2.1 million
Value Realized on Exercised Options $2.7 million
Value Realized on Vest Stock Awards $2.5 million
1-Year Total Compensation $9.0 million
Median Value of Stock Owned $14 million
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Top Five Industries
Industry Average Pay
Telecom Services $17.2 million
Pharma- Biotechnology $17.0 million
Conglomerate $14.1 million
Household/ Personal Products $13.5 million
Hotels/ Restaurants/ Leisure $13.4 million ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
Bottom Five Industries
Industry Average Pay
Construction $6.3 million
Insurance $6.3 million
Business Services/ Supplies $5.4 million
Banking $4.4 million
Food Markets $2.5 million
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