I was clicking around on Salary.com to look at the salaries of the executive staff (link here):
https://www1.salary.com/ANTHEM-INC-Executive-Salaries.html
and the CEO Pay Ratio caught my eye. I deleted the last name (even though we all know who it is) since you're not supposed to post full names on this site.
For its 2023 fiscal year, ELEVANCE HEALTH INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name
Gail ****
CEO Pay
$21,889,039
Median Employee Pay
$56,229
CEO Pay Ratio
389:1
Something about seeing that last number, the pay ratio, was a gut punch. I know so many dedicated, hard-working associates who are doing their best for a company that doesn't give a sh*t about them. I have also known so many dedicated, hard-working people who have been RIF'd over the past few years. I know it's a free market, capitalism, etc. but it's still demoralizing. We are not valued by the place where we spend a third of our life.