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20 CEOs who make a typical worker's yearly pay in less than a day

20 CEOs who make a typical worker's yearly pay in less than a day
Accenture CEO Julie Sweet, Apple CEO Tim Cook, and Disney CEO Bob Iger.Business Wire; Dia Dipasupil/Getty Images; Tommaso Boddi/Variety via Getty Images; Chelsea Jia Feng/BIHow long does it take a CEO to make what workers at their company earn in a year?BI analyzed the compensation of CEOs and median employees from S&P 500 companies to find out.For some CEOs at big companies, it would only take several hours.For some chief executives, it would take about a day to make what a typical employee at their company makes in a year. For some leaders, it would take even less time than that.We looked at the compensation of dozens of CEOs working for some of the biggest S&P 500 companies to figure out how long it would take them to get to the median employee's annual compensation based on data filed with the Securities and Exchange Commission for the 2024 fiscal year.We then ranked the executives from longest to shortest time, rounded to the nearest minute. The CEOs of Starbucks, McDonald's, and several other retail companies ranked high on the list.Below are the 20 that took the shortest length among the CEOs we looked at.20: Thermo Fisher Scientific CEO Marc Casper: 21 hours and 46 minutesChris Jung/NurPhoto via Getty ImagesCEO compensation: $30,449,599Median worker compensation: $75,64319. Microsoft CEO Satya Nadella: 21 hours and 27 minutesStephen Brashear/Getty ImagesCEO compensation: $79,106,183Median worker compensation: $193,744The financial filing said that the company identified the median employee using workers as of the last day of its fiscal year but didn't include people who joined the company as part of the acquisition of Activision Blizzard.18. Uber CEO Dara Khosrowshahi: 20 hours and 40 minutesANTHONY WALLACE/AFP via Getty ImagesCEO compensation: $39,408,629Median worker compensation: $92,958"Our median employee is an entry level Operations Manager, based in Hong Kong," the financial filing said.17. Philip Morris CEO Jacek Olczak: 20 hours and 23 minutesLeigh Vogel/Getty Images for Concordia SummitCEO compensation: $20,237,916Median worker compensation: $47,109"Approximately 58% of our employees are located in non-OECD countries, which tend to be lesser developed countries with lower wages than OECD countries," the financial filing said.16. Home Depot CEO Edward Decker: 19 hours and 48 minutesFREDERIC J. BROWN/AFP via Getty ImagesCEO compensation: $15,574,678Median worker compensation: $35,196"Our median-paid associate for Fiscal 2024 was an hourly employee in the U.S.," the financial filing said.15. Citigroup CEO Jane Fraser: 19 hours and 44 minutesVernon Yuen/NurPhoto via Getty ImagesCEO compensation: $31,142,602Median worker compensation: $70,138"The 'annual total compensation' of our median employee includes salary as of December 31, 2024, overtime pay, other fixed pay, incentive compensation, if applicable, and company-paid benefits," the financial filing said.14. Chubb CEO Evan Greenberg: 18 hours and 22 minutesLi Xin/Xinhua News Agency via Getty ImagesCEO compensation: $30,138,094Median worker compensation: $63,197"The median employee is an accounts specialist based in the United States," the financial filing said.13. IBM CEO Arvind Krishna: 16 hours and 56 minutesSAJJAD HUSSAIN/AFP via Getty ImagesCEO compensation: $25,143,682Median worker compensation: $48,58212. PepsiCo CEO Ramon Laguarta: 16 hours and 17 minutesFABRICE COFFRINI/AFP via Getty ImagesCEO compensation: $28,814,759Median worker compensation: $53,55111. Eaton CEO Craig Arnold: 15 hours and 34 minutesRoger Mastroianni/Getty Images for EatonCEO compensation: $22,597,466Median worker compensation: $40,15710. American Express CEO Stephen Squeri: 14 hours and 15 minutesSilas Stein/picture alliance via Getty ImagesCEO compensation: $37,164,405Median worker compensation: $60,4219. Apple CEO Tim Cook: 13 hours and 28 minutesJustin Sullivan/Getty ImagesCEO compensation: $74,609,802Median worker compensation: $114,738"We offer a wide range of benefits to our global employee population, and we are committed to paying our employees competitively and equitably based on their role," the financial filing said.8. Disney CEO Bob Iger: 11 hours and 44 minutesVCG/VCG via Getty ImagesCEO compensation: $41,122,670Median worker compensation: $55,111"The median Disney employee works in a full-time hourly role in parks and has been with the Company for over seven years," the financial filing said.7. Walmart CEO Doug McMillon: 8 hours and 59 minutesEthan Miller/Getty ImagesCEO compensation: $26,968,924Median worker compensation: $27,6426. McDonald's CEO Chris Kempczinski: 8 hours and 25 minutesRicha Naidu/ReutersCEO compensation: $18,195,263Median worker compensation: $17,492"Our median employee for 2024 is a restaurant crew employee located in Poland," the financial filing said.5. Accenture CEO Julie Sweet: 7 hours and 46 minutesArtur Widak/NurPhoto via Getty ImagesCEO compensation: $24,915,146Median worker compensation: $22,106"Because of the geographical distribution of our workforce, our compensation program reflects many factors to determine how we compensate our employees in different countries around the world," the financial filing said.4. GE Aerospace CEO Larry Culp: 6 hours and 51 minutesDrew Angerer/Getty ImagesCEO compensation: $88,954,586Median worker compensation: $69,553"As a result of the employee population changes in connection with the spin-off of GE Vernova in April 2024, we determined that a new median employee should be selected," the financial filing said, which also said, "General Electric Company operates as GE Aerospace."3. TJX Companies CEO Ernie Herrman: 5 hours and 51 minutesScott Olson/Getty ImagesCEO compensation: $22,222,769Median worker compensation: $14,857The financial filing said the "median employee for purposes of our pay ratio estimate was a part-time hourly retail store Associate" for the 2024 fiscal year.2. Coca-Cola CEO James Quincey: 4 hours and 25 minutesSTEPHANE DE SAKUTIN/AFP via Getty ImagesCEO compensation: $28,002,284Median worker compensation: $14,144The financial filing said that "employees in flexible, part-time roles, such as certain employees at retail stores operated by Costa Limited, our coffee business, lower the annual total compensation for our median employee."1. Starbucks CEO Brian Niccol: 1 hour and 19 minutesJakub Porzycki/NurPhoto via Getty ImagesCEO compensation: $97,813,843Median worker compensation: $14,674"Partners frequently work in flexible, part-time roles, which has the effect of lowering the annual total compensation for our median employee," the financial filing said.Read the original article on Business Insider

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