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business11h ago
Corporations splurge on top execs while skimping on rank and file
- Executive relocation costs jumped to as much as $187,000 per move from 2021 to 2025, signaling greater investment in top leadership mobility.
- More than half of S&P 500 executives and families now use corporate jets for personal travel, with median perks around $210,000 in 2025.
- Security perks for S&P 500 executives rose, with over a third receiving benefits in 2025 and the median value more than doubling since 2021 to about $130,000.
- The CEO-to-worker pay ratio for S&P 500 companies hit 200-to-1 in 2024, the highest since tracking began in 2018.
- Relocation support for lower-level employees is shrinking, with some firms preferring lump-sum payments or local hires to cut costs.
- The report ties rising executive perks to competitive pressures for AI talent amid broader inflation and job-market volatility.
- The piece highlights a growing gap between executive rewards and worker pay amid layoffs and benefit cuts in tech and finance.
- Equilar data shows a rise in executive pay and a corresponding earnings outpacing company profits in 2025.
- Analysts warn that pay disparity may pose risks for employers if workers feel inflation and volatility erode financial security.
- The Times notes ongoing scrutiny of executive compensation amid public focus on corporate governance and pay equity.
- The article relies on data from CapRelo and Equilar to illustrate the trends in relocation and executive perks.
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