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Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Business > Median CEO pay in US hits record high even as markets tumble | Business and Economy
Business

Median CEO pay in US hits record high even as markets tumble | Business and Economy

Robert Adams
Robert Adams
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The margins between the payment of the CEO have long been a dispute point between the workers and a gear scream for the progressives.

The average payment among the main CEO of the United States increased 7.5 percent to a record of $ 16.8 million by 2024, according to a new study, since the big actions have increased leaders of the leaders informed by US workers.

The CEO of Axon and Union Pacific were among those who received large salary impulse from the Actions Awards, Childhood Review between the CEO of S&P 500 for ISS-Corporate, the corporate advisory arm of the institutional shareholders services.

Other CEO also did well, since their objectives were established on the relatively stable days of 2023, said Roy Saliba, managing director of ISS-Corporate, who supervised the study. That was before the president of the United States, Donald Trump, began a commercial war that has triggered agitation in global markets in recent weeks.

“One thing that jumps is that these numbers are not combined with the performance of the shares of the year or the current performance of the company, and the imminent uncertainty. The time gap explains that the salary decisions for 2024 WOOBD Saliv Salib.

He said that his unit is advising companies that wait before changing plans to adjust payment to take into account uncertainty in the markets. The joints could use a different set of performance measures that compare the work of an executive with their peers, he said.

The Saliba study analyzed 320 companies in the S&P 500 with payment data presented so far this year. Executives did it relatively well. The data of the United States Labor Statistics Office show that the average hourly profits for US workers increased 4 percent last year, while the data of the Department of Commerce show that inflation extended to only less than 3 percent in 2024.

The actions of the company carried out above these rates, helping to boost the profits of the CEO. Among the 320 reviewed companies Saliba, the average yield of total shareholders was 15.1 percent in 2024.

In Axon, manufacturer of Taser Strun Gun, CEO Patrick Smith was at one end, receiving $ 164.5 million last year, compared to $ 40,058 in 2023. In that year, he recovered only a salary of $ 31,857

The units of actions that represented most of Smith’s 2024 salary are “an incentive for future performance in the form of a high -performance and high performance compensation plan, and the value is realable only if each set of actions of actions and operations.

Axon declined to comment.

In Union Pacific, CEO James Vena received $ 17.6 million for 2024 versus $ 2 million for its service by 2023, after it was hired in August of that year. Most of his payment last year reflects great shares and option awards that a railroad spokesman said they are based on performance.

“If the company does not work well, its real bonus and equity will reflect that and it will be less,” said the spokesman.

Under the progressive microscope

High Ceo Pay has long been a shout of recovery for progressive democrats in Washington, such as Vermont Bernie Sanders, who has introduced legislation several times that would increase taxes on the average compensation worker.

The legislation has not yet become law. In social networks, the senator has long pointed out that the gap between the salary of the CEO and that of the average vorah has become significant in recent decades.

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