At $300,000, Alphabet, Meta Had Highest-Paid Median Workers In 2021, Says Report
According to Wall Street Journal analysis, Google gave four of its top-most senior executives a significant pay hike, raising their base salaries from $650,000 to $1 million
San Francisco: The median compensation for most S&P 500 corporations increased last year as the economy grew and the job market tightened, according to a Wall Street Journal analysis.
The report mentioned that Google parent Alphabet and Facebook's Meta Platforms had the highest-paid median workers, at almost $300,000. They were among nearly 150 companies that said their median employee earned more than $100,000.
Auto-parts supplier Aptiv PLC had the lowest-paid median worker in the S&P 500 -- a full-time factory worker in Mexico who earned less than $7,500 last year. Aptiv was one of 44 companies that reported paying less than $30,000.
Meanwhile, Apple increased worker pay by 18 per cent last year, significantly more than most others in the index.
Overall, the median pay figure rose last year for 278 of the 453 companies in the Journal's analysis of data collected by MyLogIQ LLC.
A report, this year, said that Google gave four of its top-most senior executives a significant pay hike, raising their base salaries from $650,000 to $1 million.
The report mentioned that the pay hike for top executives came as a senior Google executive said in December that the tech giant would not automatically adjust all employees' salaries to account for inflation.
Meanwhile, owing to the increasing number of calls being made on Facebook's flagship messaging service Messenger, the company is adding a dedicated "Calls" tab to Messenger. Those using Facebook Messenger for calls would be able to see an update rolling to the Messenger app in the next few weeks that adds a dedicated Calls tab for Android and iOS users. This is aimed at making it easier for frequent callers on Facebook Messenger to make calls via a new call button.
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