EVEN though the median pay package of chief executive officers (CEOs) in the United States last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk's record-setting Tesla compensation dwarfs them by comparison. Tesla CEO Elon Musk leaves the Tesla Gigafactory in Berlin, Germany, on March 13, 2024. Here's how the package compares:With median CEO payThe median pay package for an S&P 500 CEO in the United States last year was $16.3 million, according to data analyzed for The Associated Press by Equilar. But he stands to get even richer if his pay package goes through. According to the company's proxy filing this year, the median annual pay of a non-CEO Tesla employee last year was $45,811.

Source: Manila Times June 17, 2024 04:18 UTC