• Home
  • About
  • Contact us
Tech News, Magazine & Review WordPress Theme 2017
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
Technovanguard — Be at the forefront of technology news
No Result
View All Result

Apple’s Tim Cook paid over 1,400 times the average worker in 2021

Justin Rowell by Justin Rowell
29.09.2022
Home Computing

Apple CEO Tim Cook’s pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing with the U.S. CEO on Thursday showed, fueled by stock awards that helped him earn a total of nearly $100 million.

Apple CEO Tim CookApple CEO Tim Cook

Reuters:

In 2021, the median pay for employees was $68,254, Apple said, adding it had selected a new median employee for comparison due to changes in hiring and compensation.

The median pay in 2020 was $57,783 and the pay ratio was 256 times Cook’s salary.

Cook, whose salary remained at $3 million, received $82.3 million in stock awards, $12 million for hitting Apple’s targets and $1.4 million for air travel, 401(k) plan, insurance premiums and others.

In total, he received $98.7 million compared with $14.8 million in 2020.

For Corporate America, CEOs were paid 351 times as much as a typical worker in 2020, a report by the Economic Policy Institute showed.

Technovanguard Take: When compensation is tied mainly to stock performance, giving incentive that creates possible benefit for shareholders, and the stock price rises strongly, hitting and exceeding compensation targets, these things happen.

Please help support Technovanguard. Click or tap here to support our independent tech blog. Thank you!

The post Apple’s Tim Cook paid over 1,400 times the average worker in 2021 appeared first on Technovanguard.


Next Post
AOC 27-inch Mini-LED monitor delivers esports-tuned 1440p images at ultra-fast frame rates

AOC 27-inch Mini-LED monitor delivers esports-tuned 1440p images at ultra-fast frame rates

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Apple’s march to $3 trillion carries virus-risk warning for broader market

Apple’s march to $3 trillion carries virus-risk warning for broader market

29.09.2022
How The Intel vPro® Platform Helps IT Pros Become IT Heroes

How The Intel vPro® Platform Helps IT Pros Become IT Heroes

29.09.2022

Trending.

Travel Business and Content Marketing: A Match Made in Heaven

Travel Business and Content Marketing: A Match Made in Heaven

07.02.2023
Netflix’s vampire movie Day Shift adds real bite to a classic action throwback

Netflix’s vampire movie Day Shift adds real bite to a classic action throwback

06.01.2023
Staying Ahead of the Game: The Top 10 Most Popular Websites for IT and Modern Technology

Staying Ahead of the Game: The Top 10 Most Popular Websites for IT and Modern Technology

30.01.2023
The Role of Technology in Transforming Healthcare Advertising

The Role of Technology in Transforming Healthcare Advertising

03.01.2023
How did Earth go From Molten Hellscape to Habitable Planet?

How did Earth go From Molten Hellscape to Habitable Planet?

29.09.2022
Technovanguard — Be at the forefront of technology news

Technovanguard - The latest news from the world of IT and modern technologies.

Categories

  • Computing
  • Entertainment
  • Gaming
  • Internet
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
  • Без рубрики

Tags

best bitcoin casino best bitcoin gambling site best crypto casino bitcoin gambling site btc casino FEATUREDNEWS linkedin connection message linkedin connection request template linkedin connect message examples linkedin networking message template linkedin sales message top bitcoin casinos

Recent News

Talents on AI: Kyiv to Host Three-Day Hackathon Connecting Developers and Sponsors in May 2023

Talents on AI: Kyiv to Host Three-Day Hackathon Connecting Developers and Sponsors in May 2023

07.03.2023
Ukrainian NFT Collection Honors Heroes and Raises Funds for Naval Combat Drones

Ukrainian NFT Collection Honors Heroes and Raises Funds for Naval Combat Drones

17.02.2023
  • Home
  • About
  • Contact us

© 2021 technovanguard.com. Submit news release

No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space

© 2021 technovanguard.com. Submit news release