To identify the median compensated employee, the company uses a consistently applied compensation measure that includes total gross payroll wages received, according to proxy statements. Pay is annualized for permanent employees not employed for a full year.
Here is how the ceo-to-median-worker pay ratio has changed the past five years:
2019
Total CEO compensation: $26,788,251
Median employee compensation: $56,012
Ratio: 478 to 1
2020
Total CEO compensation: $30,397,771
Median employee compensation: $54,651
Ratio: 556 to 1
2021
Total CEO compensation: $20,635,260
Median employee compensation: $56,044;
Ratio: 368 to 1
2022
Total CEO compensation: $14,637,726
Median employee compensation: $57,727
Ratio: 254 to 1
2023
Total CEO compensation: $21,315,984
Median employee compensation: $59,816
Ratio: 356 to 1