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> If a $500k salary earns the company millions If only CEOs were paid so little...
by nitwit005 6y ago
> If a $500k salary earns the company millions
If only CEOs were paid so little...
- yibg 6y agoAren't they though? I mean sure the CEOs of large, well known companies are paid many millions, but they are the highest paid CEOs. Seeing CEOs getting paid 100 million a year gets headlines, but most aren't paid that much. I wouldn't be surprised if the median CEO total compensation is less than 500k a year.
- carlmr 6y agoYou seem to be in fact correct. Most CEOs actually earn less than that. Which makes the 2.2 million average even crazier. >The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. https://chiefexecutive.net/ceo-and-senior-executive-compensation-in-private-companies-2018-19/ https://chiefexecutive.net/ceo-and-senior-executive-compensa...
- yibg 6y agoIf that's accurate, also crazy is 90th percentile and mean are almost the same at 2.216 million vs 2.214 million. So the top 10% is completely dominating the total compensation for CEOs.