Interesting wages data re: recently announced Microsoft layoffs. Putting it up for visibility, and as something to think about, hard.
“According to an analysis by the Associated Press, the pay of CEOs running companies in the S&P 500 rose 13 percent last year and the median pay of a CEO was $16.3 million.
Workers in the private sector saw a more modest wage increase of 4.1 percent. Half of the CEOs surveyed made at least 196 times the wages of their median employee, the AP report said, up from 185 times median employee wages in last year's survey.
Nadella was paid about $48.5 million in 2023 and the median employee compensation was $193,770 per year.
Measured in executives, Microsoft is laying off about four Nadellas.”
https://www.theregister.com/2024/06/04/microsoft_plans_to_cut_about/