The median compensation for most S&P 500 corporations increased last year as the economy grew and the job market tightened, according to a Wall Street Journal analysis.<\/p>\n
The report mentioned that Google parent Alphabet and Facebook’s Meta Platforms had the highest-paid median workers, at almost $300,000. They were among nearly 150 companies that said their median employee earned more than $100,000.<\/p>\n
Auto-parts supplier Aptiv PLC had the lowest-paid median worker in the S&P 500 — a full-time factory worker in Mexico who earned less than $7,500 last year. Aptiv was one of 44 companies that reported paying less than $30,000.<\/p>\n
Meanwhile, Apple increased worker pay by 18 per cent last year, significantly more than most others in the index.<\/p>\n
Overall, the median pay figure rose last year for 278 of the 453 companies in the Journal’s analysis of data collected by MyLogIQ LLC.<\/p>\n
A report, this year, said that Google gave four of its top-most senior executives a significant pay hike, raising their base salaries from $650,000 to $1 million.<\/p>\n
The report mentioned that the pay hike for top executives came as a senior Google executive said in December that the tech giant would not automatically adjust all employees’ salaries to account for inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"
The median compensation for most S&P 500 corporations increased last year as the economy grew and the job market tightened, according to a Wall Street Journal analysis. The report mentioned that Google parent Alphabet and Facebook’s Meta Platforms had the highest-paid median workers, at almost $300,000. They were among nearly 150 companies that said their median employee earned more than $100,000. Auto-parts supplier Aptiv PLC had the lowest-paid median worker in the S&P 500 — a full-time factory worker in Mexico who earned less than $7,500 last year. Aptiv was one of 44 companies that reported paying less than $30,000. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-799242","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=799242"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799242\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=799242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=799242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=799242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}