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- America's biggest public companies are now required to disclose their workers' median annual pay.
- The median worker pay for a job at a public retail company varies across the board.
- Based on 2018 proxy statements, we ranked the median retail worker's pay at different companies from lowest to highest.
Are you an underpaid employee?
This year, you might find out. For the first time, America's biggest public companies are required to disclose their workers' median annual salary — and how it compares to the pay of their CEO. The result is the company's pay ratio, which is the division of a CEO's annual compensation by the median employee's annual pay, in an aim to highlight the pay gap between executives and the typical worker.
While not all companies have yet to release this data, some have gotten the ball rolling — and the median worker pay is quite enlightening, especially for those in retail jobs.
We took a look at the 2018 proxy statements released this year by Forbes 500 public retail companies to see how the median retail worker's pay compares across the board.
Scroll through below to see where companies rank from lowest pay to highest pay. Note that some companies define their median worker differently than others by including part-time and seasonal employees.
15. Gap Inc.
Median annual worker pay: $5,375
GAP Inc. determined the median employee to be a part-time sales associate located in Alabama. The employee did not work the full year, but the company did not annualize employee compensation.
14. McDonald's
Median annual worker pay: $7,017
McDonald's identified its median employee by annualizing one month's base compensation for both full-time and part-time employees working for the company across the globe. It's median employee is a part-time restaurant worker in Poland.
13. Foot Locker
Median annual worker pay: $8,554
The median employee at Foot Locker is defined as a part-time sales associate who worked an average of 18 hours per week.
See the rest of the story at Business Insider
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DON'T MISS: The median pay at Facebook is more than $240,000 a year
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via Business Insider https://ift.tt/eKERsB
May 11, 2018 at 03:42PM
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