Company Pay Ratios
High CEO-to-worker pay ratios contribute to economic inequality and can undermine employee morale and productivity. While the disclosure requirements for how companies treat their workers are limited, publicly traded companies have been required to disclose their median employee-to-CEO pay ratios since 2018. In 2023, the average CEO-to-worker pay ratio for S&P 500 companies was 268-to-1.
| Ticker | Company | Median Worker Pay | Pay Ratio Sort ascending |
|---|---|---|---|
| HFWA | Heritage Financial Corp | $76,625 | 21:1 |
| KRNY | Kearny Financial Corp. | $82,617 | 21:1 |
| MCY | Mercury General Corp. | $80,100 | 21:1 |
| NFBK | Northfield Bancorp, Inc. | $59,246 | 21:1 |
| OAS | Chord Energy Corp. | $143,742 | 21:1 |
| SAFT | Safety Insurance Group Inc. | $91,996 | 21:1 |
| BPMC | Blueprint Medicines Corp. | $327,235 | 20:1 |
| CERS | Cerus Corp. | $184,655 | 20:1 |
| CVLG | Covenant Logistics Group, Inc. | $69,443 | 20:1 |
| FLIC | First OF Long Island Corp. | $75,592 | 20:1 |
| LCNB | LCNB Corp. | $41,863 | 20:1 |
| LICY | Li-Cycle Holdings Corp. | $117,669 | 20:1 |
| LPG | Dorian LPG Ltd. | $130,192 | 20:1 |
| LPSN | Liveperson Inc. | $123,360 | 20:1 |
| LXRX | Lexicon Pharmaceuticals, Inc. | $206,303 | 20:1 |
| MSEX | Middlesex Water Co. | $89,026 | 20:1 |
| SDGR | Schrodinger, Inc. | $159,737 | 20:1 |
| WASH | Washington Trust Bancorp Inc. | $73,646 | 20:1 |
| CLNE | Clean Energy Fuels Corp. | $105,469 | 19:1 |
| SHO | Sunstone Hotel Investors, Inc. | $213,303 | 19:1 |
NOTE: For companies with more than one CEO during the year, the highest-paid CEO is included in the database. Pay ratio between CEO pay and median employee pay are displayed as disclosed by each company’s proxy statement. The CEO pay ratio may not equal the displayed CEO’s total compensation due to differing company methodologies in calculating pay ratios.
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