4 ms·
$450m would work out to $900 per employee (assuming 50k employees), not bad for a bonus. edit: As commenters below pointed out correct number is $9,000 per emp
by TrainedMonkey 9y ago
$450m would work out to $900 per employee (assuming 50k employees), not bad for a bonus.
edit: As commenters below pointed out correct number is $9,000 per employee, which would have made for a pretty awesome Christmas bonus.
If we also include CVS employees (240k) the bonus drops to $1,552 which is still pretty good.
- rak00n 9y agoCVS alone had over 240k employee in 2016. [1] [1] https://en.m.wikipedia.org/wiki/CVS_Pharmacy https://en.m.wikipedia.org/wiki/CVS_Pharmacy
- Retric 9y agoAetna has ~50,000 people so this is 450m/50k = 9,000$ each for them not exactly nothing. CVS has more workers but they are paid less so 1,900$ means ~1.5 months of pay to someone making 7.25$ an hour before taxes. I don't mean to suggest this is a significant issue on it's own, but high level executive compensation really does add up to a significant cost at large corporations. And really, this is just stock compensation he received other pay and benefits.
- dx034 9y agoThink you meant 9,000 per employee in this case.