Salesforce CEO made 30 times typical worker last year, but ratio should have been much higher [MarketWatch]
Salesforce, Inc. (CRM)
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Source: MarketWatch
Salesforce CEO made 30 times typical worker last year, but ratio should have been much higher Salesforce.com Inc. CRM, -1.00% Chief Executive Marc Benioff made 30 times the median Salesforce employee's salary in the most recent fiscal year, the company disclosed Friday afternoon, though it would have been much higher if it were not for a quirk of the calendar. Salesforce said Benioff made about $4.7 million in fiscal 2018, with $1.5 million in salary and a $3 million bonus, while the median employee compensation was $155,284. The company said both figures would have been much higher if stock bonuses were counted, but a change in the equity payout schedule meant that no equity awards were actually doled out in the 2018 fiscal year. Salesforce said if the equity awards given to employees and Benioff in the 2019 fiscal year had counted on the tally, it would have increased the ratio to 130-to-1. Companies this year are reporting their CEO pay in relation to the compensation of a media
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