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Fifty-four of Ohio’s largest employers paid their CEOs a median of 322 times what they paid the typical employee in 2020, according to a new report by Policy Matters Ohio. The federal Dodd-Frank Act requires publicly traded companies provide the ratio of CEO pay to the median employee — the person...
Fifty-four of Ohio’s largest employers paid their CEOs a median of 306 times what they paid the typical employee in 2019, according to data reported under the Dodd-Frank Act. The federal law requires publicly traded companies provide the ratio of CEO pay to the median employee — the person whose pay falls in the middle of all employees. Fifty-four of the top 100 Ohio employers filed reports with the Securities and Exchange Commission (SEC). With an average CEO salary of $14.6 million, 39 corporations paid CEOs more than 200 times what they paid the median worker, according to Policy Matte...