United States: salaries of big bosses soar, according to the Wall Street Journal

Apple CEO Tim Cook during a visit to an Apple Store in Los Angeles in November 2021. AP - Marcio Jose Sanchez

Text by: RFI Follow

1 min

This is what emerges from a survey by the daily

, published on Sunday May 15, which covers 400 American companies.

The average salary of top bosses rose sharply in 2021 to $14.7 million.

A record.

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Between salaries, bonuses, benefits and stock options, the total compensation of a major American CEO jumped 12% last year.

For the majority of them, this sum comes from shares and stock options.

The first nine executives have received, at a minimum, a total compensation of 50 million dollars annually.

The highest paid come from information technology and the media.

Two sectors that have benefited from the development of digital, during the pandemic.

Among them, we find the bosses of the travel group Expedia, the media giant Warner Bros Discovery, the computer group Apple, or the boss of the bank JPMorgan Chase.

As a result of this new record, the ratio between the salaries of bosses and employees has increased sharply.

Bosses have, on average, earned 250 times more than their employees in 2021. Against 238 times the year before.

How much do CEOs make?

Last year, the answer ranged from $0 to nearly $300 million, according to The Wall Street Journal's annual ranking of S&P 500 companies https://t.co/N2klIutXgu

— The Wall Street Journal (@WSJ) May 16, 2022

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