Company Pay Ratios
Publicly traded companies are required to disclose the pay ratio between their chief executive officers and median employees. High CEO-to-worker pay ratios contribute to economic inequality and can undermine employee morale and productivity. The average S&P 500 company’s CEO-to-worker pay ratio was 272-to-1 in 2022.
| Ticker | Company | Median Worker Pay Sort descending | Pay Ratio |
|---|---|---|---|
| THG | Hanover Insurance Group, Inc. | $113,268 | 60:1 |
| ARGO | Argo Group International Holdings, Ltd. | $113,585 | 52:1 |
| NKLA | Nikola Corp. | $113,920 | 83:1 |
| NSC | Norfolk Southern Corp. | $114,015 | 88:1 |
| RJF | Raymond James Financial Inc. | $114,022 | 158:1 |
| CATC | Cambridge Bancorp | $114,040 | 17:1 |
| CACI | Caci International Inc. | $114,453 | 92:1 |
| VST | Vistra Corp. | $114,549 | 80:1 |
| CEIX | Consol Energy Inc. | $114,586 | 87:1 |
| ARAY | Accuray Inc. | $114,702 | 35:1 |
| RMNI | Rimini Street, Inc. | $114,938 | 10:1 |
| PGEN | Precigen, Inc. | $115,000 | 30:1 |
| ALTM | Kinetik Holdings Inc. | $115,027 | 10:1 |
| AHH | Armada Hoffler Properties, Inc. | $115,060 | 23:1 |
| NVAX | Novavax Inc. | $115,082 | 73:1 |
| PECO | Phillips Edison & Company, Inc. | $115,330 | 59:1 |
| REG | Regency Centers Corp. | $115,470 | 75:1 |
| LOB | Live Oak Bancshares, Inc. | $115,561 | 7:1 |
| BKH | Black Hills Corp /Sd/ | $115,659 | 39:1 |
| NTGR | Netgear, Inc. | $115,877 | 28:1 |
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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