In short, this means if CEOs are able to get their companies’ share prices above the figures listed in their contracts, then they get paid out. Unlike average workers who receive most of their pay in the form of a salary, CEO pay is based largely on so-called incentive pay, which grants stock options to executives based on the completion of performance goals. Whenever CEO pay is discussed, there is typically a caveat that comes up. Meanwhile, nearly one-third of CEOs saw their pay packages increase by at least 25% last year, according to a Wall Street Journal analysis of MyLogIQ data, and only around a quarter of CEOs took a pay cut in 2021 amid the pandemic. Even worse, average Americans watched their real wages-wages adjusted for inflation-decline 2.6% in February compared with a year ago. That’s compared with a paltry 4.7% increase in average hourly earnings for Americans last year. CEOs is on pace to set a record in 2021, rising an incredible 19% year over year. And Activision Blizzard CEO Bobby Kotick is set to receive roughly $200 million in total compensation for his work last year, even as 50 employees were laid off from the gaming company. The $200 million clubīaszucki wasn’t the only Wall Street CEO to see his total compensation surpass the $200 million mark this year.ĭiscovery CEO, David Zaslav, raked in total compensation of $246 million in 2021, while Amazon’s Andy Jassy was rewarded with a $212 million total pay package for his efforts. Most of Baszucki’s pay comes from long-term incentives tied to stock performance, and the Roblox founder won’t receive any other direct payments through 2027, but compared with his 2020 pay package of $6.8 million, 2021 was definitely a career year. That’s roughly 1,680 times the average annual pay of a Roblox employee, according to a Fortune analysis of Payscale data. The CEO locked in a total pay package worth some $232.8 million for the year.
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