20 $ 20 million astronomical salaries of American corporate executives

The results of a study by the Equator Institute published last night show that the salaries of corporate executives in the United States have grown by 31 percent over the past year, reaching an average of $ 20 million. This research shows that companies have given their managers many rewards, including stocks and cash.

Apple and Broadcom executives are said to have seen the biggest pay rises, according to a survey of 100 major US companies. And managers’ salaries were $ 15.5 million for the whole of 2020.

Aquitaire CEO Amit Batish said rising revenue and rising corporate stock values ​​were one of the reasons for rising executives’ salaries.

“High executives’ salaries are critical of shareholders, but some investors are paying more attention to revenue,” says Batish.

“The ratio of senior executives to the salaries of their simple employees has increased from 238 times in 2020 to 254 times in 2021,” Equillar said.

Apple CEO Tim Cook earned $ 98.7 million last year, up $ 14.8 million from 2020, the institute said.

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