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Apple has held this position for the longest time due to the high demand for iPhones across the globe.
But as it turns out, it’s not that simple.
Putting this into perspective, Microsoft incurs up to a billion dollars in costs for 10,000 employees.
Whereas, the lowest-ranking employee takes home a $42,500 salary with no extra compensation.
Compensation plus stock grants
As highlighted above,Microsoft’s Satya Nadellawas compensated $48,512,537 last year.
But this is misconstrued to be what the company pays its CEO.
According to Chris Williams, this is usually a combination of the agreed salary range and stock grants.
This way, if the company’s value increases so does its stock price in the market.
Ultimately, this makes the company more valuable and has a positive impact on the CEO’s compensation package.
Finding someone with a good work ethic, impeccable leadership skills, and more is no easy feat.
Not to mention that the competition is always lurking to get the top performers at a company.
Still, the situation remains highly concerning, and my heart goes out to everyone impacted.
