5 CEOs Who Get Paid 400 Times More Than Their Employees

By siliconindia | Friday, 24 May 2013, 13:05 Hrs

Gregg W. Steinhafel

Gregg W. Steinhafel, the President, Chairman and CEO of the Board of Target Corporation draws an annual compensation of $17,890,000 ( 99.41 crore), which is 597 times the average salary of an employee at this firm. An average employee at the firm draws a salary of around $29,900 ( 16.16 lakh) per annum.

Michael T. Duke

Michael T. Duke, the current CEO of Walmart is receiving a compensation package that is a staggering 1034 times the average salary of the employee working at the biggest private employer and the largest retailer of the world.

He receives an annual compensation of approximately $23,150,000 which is around 1.28 Bn, while an average employee receives a median annual compensation of $22,400 ( 12.45 lakh).

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