The CEO repayment explodes and Axon Rick Smith is the biggest winner of all

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The typical compensation package for the heads working in New York (AP) (AP) – S & P 500 has jumped about 10% in 2024The stock market enjoyed another banner yearand corporate profits have risen sharply.

Many companies have focused on calls for shares to close CEO’s compensation to the performance. As a result, a large part of the payment packages consists of the stock premiums that CEOs have not been able to cash for years, if the company is not responded to certain goals, usually a higher stock price or market value or improved operating profit.

Associated Press’ CEO compensation survey uses informationAnalyzed for an AP by provocativePayment information for 344 executors in S & P 500 companies that provide proxy expressions between April 1 and 30.

Here are key roads from the survey:

A good year above

The media’s salary package for CEOs rose to $ 17.1 million and rose to 9.7%. Meanwhile, in the survey companies, the median worker won $ 85,419, which reflects the increase of 1.7% during the year.

CEO had to walk past year’s glue inflation and relatively high interest ratesDecrease in consumer confidence. However, the economy also gave a little tail wind: consumers continued the cost despite the difference in economics; Inflation fell slightly; FedPercentage rates loweredOpen andThe work market remained strong.

The stock exchange rate increased by more than 23% last year, the main benchmark, S & P 500. Gains for companies in the index increased by more than 9%.

“It was expected to be a strong year in 2024, so (approximately) 10% increase, the time of payment decisions ends,” he said.

Directing the Global Economic Project, Sarah Anderson said they have increased the latest “long-term” for the progressive research institute for political research, especially for a long time. However, he said he struggled to meet his accounts in the richest countries in the world.

The best winners

Rick Smith, founder and CEO of Axon enterprises, appreciated the survey worth $ 164.5 million. Axon, who made the taser’s amazing weapons and body cameras, grew up more than 30% in three straight years and reported $ 377 million net income in 2024. After increasing more than 50% in 2023

Almost all of the payment package consists only of joint-stock reports if the company is required if they are encountered with their shareholder and operations for the period and operations related to 2024-2030.

The other best winners in the survey covers the Lawrence Culp, CEOWhat is the GE Aerospac nowE ($ 87.4 million),Tim cook in Apple($ 74.6 million), David Gitlin and Carrier Global ($ 65.6 million) andTed Sarandos in Netflix($ 61.9 million). The bulk of payment packages consisted of fund or selection prizes.

The media’s shareholding award increased by about 15% last year.

“For CEOS, long-term incentives of the target are more growing every year,” said Melissa Burip, a partner in compensation consulting partners. “Given the important role of long-term stimuli plays the executive salary, this trend makes sense.”

Jackie said that according to the performance of Morningstar SustaiLytics, “the salaries based on shares, most shareholders provide an open market signal.” However, he used the share-based salary, and “phenomenal rise” in CEO compensation, the “phenomenal rise”, which followed the market performance of recent years, “was expanded in the workplaces.”

Some well-known billionaire’s peos are less in the AP request. Warren Buffett’s compensation estimated about 405,000 US dollars, about five times the employee Berkshire Hathaway is doing. According to Tesla’s power of attorney, Elon Musk did not receive any compensation for 2024, but in 2018 was awarded a multiear package worth $ 56 billion, and that isThe subject of the court fighting.

Another prominent CEO did not meet the criteria included in the survey. Starbucks’ Brian Niccol received a salary pack worth $ 95.8 million, but took it as CEO on September 9.

Payment gap

In half of the company in the AP’s annual payment survey, the company will take to the employee in the middle of the 192-year period in the middle of the company. Companies have been required to disclose this so-called payment rate since 2018.

The payment ratio is usually tended to be the highest in areas where salaries are usually low. For example, in Cruise Line Company Carnival Corp., His CEO, the media of $ 16,900 for employees earned about 1,300 times. McDonald’s CEO is about 1,000 times what an employee that makes the company’s median pay. Both companies have transactions covering numerous countries.

Salaries and benefits paid by private sector staff in the United States in terms of labor department increased by 3.6% to 2024. The average employee in the United States is $ 65,460. This figure rises to $ 92,000 when medical care and other insurance are included.

“We have a great problem with the CEO to climb, and there is a great problem in extreme salary gaps,” Anderson said. “These great differences are not unfair for low-level employees who make significant contributions only to the company’s value – reduce employee’s mood and increase the work of employees and increasing circulation prices.”

Some gains for female ceos

For 27 women who made AP inquiry – the largest number of median salaries by 2014 increased by 10.7% to $ 20 million. This compares to $ 16.8 million in an increase of 9.7% for men’s colleagues.

The female CUEOs were the highest winning cudith marks Otis in the worldWith a payment pack worth $ 42.1 million. The company, known for the elevators and escalators, had an operation over $ 2 billion for four straight years. Compensation for about $ 35 million was in the form of sharing awards.

The other best winners among women CEOs was Jane Fraser Citigroup ($ 31.1 million), Lisa water Advanced micro devices ($ 31 million), Mary Barra General Engines ($ 29.5 million) and Laura Alber horse Williams-sonoma ($ 27.7 million).

Christy Glass, a sociology professor at Utah State University, which studies capital, inclusion and leading, it can be several more women in the list of the highest level, especially, especially, especially, especially companies, are stagnant.

“There are perhaps a few names in the list, but we don’t really move the needle significantly,” he said.

Prefers security

Assocy, the company has offered security paves within the executive compensation packages, and maybe UnitedHealthCare reacted to the shooting of the UnitedHealthcare CEO Brian Thompson.

Saboton, the analysis of 208 companies in S & P 500, which submitted Proxy statements until April 208, showed that median expenditures rose to $ 94,276 and rose to $ 69,180.

Was among companies that increase security perks CenturyMedicare and Medicaid provides medical care to medical care and chipmaker Intel.

This story was first displayed Fortune.com

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