Everyone knows that CEOs of top-notch companies receive hefty salaries. However, when these salaries are compared to the average salary of their employees, the results are sure to take you by surprise!
Glassdoor recently released a study report called Sneak Preview that tells us the ratio between the pay of the CEOs' total annual salary to the median salary of the company's workers.
On an average, a CEO receives 204 times the median salary received by employees.
Here's the exact difference between the salary of the CEOs with respect to their employees:
1. Discovery Communications CEO David M. Zaslav
In 2014, while Zaslav made $156 million, the median pay of the workers was $80,000. This implies that for every 1 dollar that Discovery spends on an employee on average, the CEO receives around $2000!
2. Starbucks CEO Howard Schultz
Starbucks CEO pockets $21.4 million against $32,080 received as compensation by an average employee of the company.
3. Microsoft CEO Satya Nadella
While Nadella's salary is $ 84.3 million per year, the average employee pay at Microsoft is $137,000. This is the widest gap in salaries of a CEO and other employees in the technology sector.
4. Oracle CEO Larry Ellison
The yearly salary of Oracle CEO is $67,261,251 and that of an average employee is $117,415.
5. Polo Ralph Lauren's Ralph Lauren
The fashion designer and businessman receives a salary of $24.5 million in a year. The average compensation received by an employee at Ralph Lauren is $47,452.
6. Yahoo CEO Marissa Mayer
Marissa Mayer earns a salary of $42.1 million per year, whereas the average employee pay of Yahoo is $137,011.
7. Apple CEO Tim Cook
The gap between employees and Apple CEO's salary is as huge as the buzz around Apple products. He receives $9.2 million as salary, whereas an average compensation of workers (including those working at Apple stores) at Apple is $36,760 .
8. IBM CEO Ginni Rometty
While Ginni Rometty takes home $19.3 million, an average IBM employee makes $106,184 in a year.
9. Adobe CEO Shantanu Narayen
Shantanu Narayan is another CEO of Indian origin who makes $134 for each dollar that Adobe pays to an employee on average. While he makes $17.9 million in a year, the average employee pay stays at $133,322 pa.
10. eBay CEO John Donahoe
While the CEO receives $14 million as salary in a year, the average employee pay is $132,220.