CEO compensation data was obtained from proxy statements filed with the U.S. Securities and Exchange Commission for the latest fiscal years. It includes data for some 3,000 corporations, including most of those listed in the Russell 3000 Index. The compensation year reported on the website denotes the fiscal year as reported in the proxy statements. This data is updated, usually monthly, throughout the year. Industry classifications are based on Standard Industrial Classification codes obtained from proxy statements.
The 2016 CEO total compensation calculated is based on the AFL-CIO analysis of 419 available companies in the S&P 500 Index as of May 2017.
The average annual income earned by rank-and-file workers is taken from the U.S. Bureau of Labor Statistics Current Employment Statistics survey. Specifically, it is the average hours and earnings of production and nonsupervisory employees on private nonfarm payrolls. The average weekly pay is multiplied by 52.
CEO Name and Company: The name of the CEO and company affiliation is derived from the proxy statement. The website does not adjust for CEO changes at a company after the fiscal year.
Salary: Salary paid to the CEO for the fiscal year.
Bonus: Bonus paid to the CEO in the fiscal year.
Value of Stock Awards: The value of the stock awards granted in a fiscal year as listed in the Summary Compensation Table. Stock awards are in the form of stock or restricted stock that is either time vesting or performance vesting.
Value of Option Awards: The value of stock option awards granted in a fiscal year as listed in the Summary Compensation Table. Stock options are the right to purchase a specified number of common stock at a stated exercise price for a specified period of time.
Non-Equity Incentive Plan Compensation: This is compensation earned pursuant to non-equity incentive plans. This includes incentive plan awards that are not stock or equity. Incentive plans generally provide for compensation intended to serve as an incentive for performance to occur over a specified period.
Change in Pension Value and Non-Qualified Deferred Compensation Earnings: This is the increase in actuarial value to the executive officer of all defined-benefit pension plans and earnings on non-qualified deferred compensation plans over the past year.
All Other Compensation: The value of perquisites and other benefits provided to the CEO. This could include personal use of company cars and airplanes, country club memberships, tax reimbursements, insurance plans or payments to savings plans. Payments to savings plans are part of Change in Pension Value and Non-Qualified Deferred Compensation Earnings.
Total Compensation: Total compensation is determined by adding the above components: (1) the salary, (2) the bonus, (3) all other compensation, (4) the value of stock and option awards, (5) the value of non-equity incentive plan compensation and the change in pension values, and (6) non-qualified deferred compensation earnings.
Major corporations with offshore profits avoid up to $767 billion in U.S. taxes.
Institute on Taxation and Economic Policy, Fortune 500 Companies Hold a Record $2.6 Trillion Offshore.