2009 Average CEO Annual Pay at S&P 500 Companies, USD
| Salary
| 1,041,012
|
|
Bonuses
|
203,714
|
|
Stock Awards
|
2,630,574
|
|
Option Awards
|
2,284,595
|
|
Non-Equity Incentive Plan Compensation
|
1,790,703
|
|
Pension and Deferred Compensation Earnings
|
1,060,867
|
|
All Other Compensation
|
235,232
|
|
Total
|
9,246,697
|
|
Storchevoy M. A. Corporate Social Responsibility. 2013
| |
Topic 7. CSR in Human Relationships
Performance and compensation, 2009
Comparative executive worth
| Ray R. Irani
(Chairman of the Board and
CEO at Occidental Petroleum Corporation)
In 2009 he made $31,401,356, which is equal to:
|
| 19 Nobel prize winners
|
| 78 average university presidents
|
| 78 U.S. presidents
|
| 979 average workers
|
| 2,089 minimum-wage earners
|
Do you believe that this guy capacities are so
much more valuable than capacities of these
people in comparison? What for is this pay?
Golden Parachutes
|
Storchevoy M. A. Corporate Social Responsibility. 2013
| |
Topic 7. CSR in Human Relationships
CEO's compensation in crisis
Watch on
Ethical CEOs
Nevertheless many CEOs took large pay cuts after the crisis.
The largest pay cut was announced
by U.S. Steel CEO John P. Surma
• Pay cut – 86%
• Salary cut - 20%
"It was important for executive management to lead by example”.
6.
Discrimination
