That’s an improvement from 436 years in 2019, but remains a far higher ratio than you see at most top U.S.

Looked at another way, a typical employee would have to work 338 years to match what the CEOs averaged in 2020 alone based on each company’s calculation of median worker pay. “Most of what they lost in salary will be made up for in long-term incentives.” Elson, professor of finance in the University of Delaware’s Alfred Lerner College of Business and Economics. “Some people took salary cuts, but it hasn’t affected overall compensation,” says Charles M. Now, with the release of annual reports and proxies, we see how little media chiefs gave up at a time when total employment at AT&T, Comcast, Discovery, Disney, Fox, Lionsgate, Netflix and ViacomCBS dropped by 57,153 - an 8% decline over the previous year.īut we can already see that the absence of special deal-related bonuses, not shared sacrifice or even falling stock prices, accounts for much of the 13% drop in average compensation, to $30 million, for the chiefs of AT&T, Comcast, Discovery, Disney, Fox, Lionsgate, Netflix and ViacomCBS. They didn’t make big announcements when those salaries returned.” “Most of these companies issued huge press releases announcing they were doing something good by getting rid of their CEO salaries.

“It was largely cosmetic,” says Rosanna Landis Weaver, program manager of the CEO pay program at shareholder advocacy group As You Sow.

Executive decision netflix