Economy - Finance > Companies

2020 featured meager rewards for workers, exceptionally rich pay for CEOs

1 month ago   |   By Finance Commerce

A comprehensive survey of the 200 highest-paid chief executives at public companies revealed some of the biggest pay packages on record, and showed that the gap between CEOs and everybody else widened during the pandemic.
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Gap Between CEO Pay And Worker Pay Continued To Widen During The Pandemic, New Survey Finds

1 month ago   |   By Forbes

More than two-thirds of companies with the highest CEO pay had larger gaps between executive and worker compensation in 2020 than they did before the pandemic.
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The CEO of Reddit darling Palantir was the highest paid chief executive of a public company last year

The CEO of Reddit darling Palantir was the highest paid chief executive of a public company last year

1 month ago   |   By Business Insider

Summary List Placement Alexander Karp , the CEO of Reddit favorite Palantir , was the highest paid chief executive of a public company last year, new survey data shows.
The CEO raked in $1.1 billion in total compensation in 2020, including $798 million in options, $296 million in restricted stock, and $1.1 million in salary, according to the company's 2020 annual proxy statement.
Data from Payscale shows the average Palantir employee makes $123,000 per year, meaning CEO Alex Karp's total compensation in 2020 was roughly 8,943 times greater than that of his average worker.
Palantir's...
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The CEO of Reddit darling Palantir was the highest paid chief executive of a public company last year

1 month ago   |   By Business Insider

Palantir, under CEO Alex Karp's leadership, is continuing its push into life sciences after a raft of pandemic-related government deals.
Drew Angerer/Getty Images
Alexander Karp was awarded a compensation package worth $1.1 billion in 2020.
The CEO has sold more than $300 million of Palantir stock in 2021 alone.
Karp's total compensation was roughly 8,943 times greater than that of his average employee.
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Alexander Karp , the CEO of Reddit favorite Palantir , was the highest paid chief executive of a public company...
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