Company Pay Ratios
High CEO-to-worker pay ratios contribute to economic inequality and can undermine employee morale and productivity. While the disclosure requirements for how companies treat their workers are limited, publicly traded companies have been required to disclose their median employee-to-CEO pay ratios since 2018. In 2023, the average CEO-to-worker pay ratio for S&P 500 companies was 268-to-1.
| Ticker | Company | Median Worker Pay | Pay Ratio Sort ascending |
|---|---|---|---|
| REYN | Reynolds Consumer Products Inc. | $71,749 | 120:1 |
| FBP | First Bancorp | $39,647 | 120:1 |
| JEF | Jefferies Financial Group Inc. | $190,000 | 119:1 |
| WDAY | Workday Inc | $219,720 | 119:1 |
| UDR | UDR Inc | $85,691 | 119:1 |
| TWLO | Twilio Inc | $229,615 | 119:1 |
| ALK | Alaska Air Group, Inc. | $72,410 | 119:1 |
| NDSN | Nordson Corp | $71,870 | 119:1 |
| IMCR | Immunocore Holdings plc | $107,990 | 119:1 |
| SGRY | Surgery Partners, Inc. | $54,265 | 119:1 |
| JAKK | Jakks Pacific Inc | $91,165 | 119:1 |
| VMC | Vulcan Materials Co | $108,068 | 119:1 |
| TROW | T Rowe Price Group Inc | $163,864 | 118:1 |
| DY | Dycom Industries Inc | $57,346 | 118:1 |
| FHN | First Horizon Corp | $79,790 | 118:1 |
| LW | Lamb Weston Holdings Inc | $59,742 | 118:1 |
| COP | ConocoPhillips | $197,655 | 117:1 |
| UEIC | Universal Electronics Inc | $11,434 | 117:1 |
| VOYA | Voya Financial, Inc. | $83,158 | 117:1 |
| AFG | American Financial Group Inc | $99,192 | 117:1 |
NOTE: For companies with more than one CEO during the year, the highest-paid CEO is included in the database. Pay ratio between CEO pay and median employee pay are displayed as disclosed by each company’s proxy statement. The CEO pay ratio may not equal the displayed CEO’s total compensation due to differing company methodologies in calculating pay ratios.
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