Walmart Inc (WMT)

[tw0122]

Douglas McMillon, C.E.O. of Walmart
Makes 1,188 per cent more then average employee
Total Reported Compensation: $22,179,961
Pay Ratio: 1,188
Walmart employs 1.5 million people in the United States, making it by far the country's largest private employer.
Long a target for critics who say it underpays its workers, Walmart has in recent years made efforts to change this narrative. In January, the company said it would raise its starting minimum wage to $11 an hour, offer employees a onetime cash bonus, and expand parental leave.
The efforts have only helped so much. The median employee at Walmart made $19,177 last year. In that time, Mr. McMillon made more than $22 million, resulting in a pay ratio of 1,188.
"At a time when too many Walmart workers face stagnant wages and tens of thousands still qualify for public assistance, is paying your C.E.O. 1,188 times the median employee really the best investment for Walmart?" said Randy Parraz, director of Making Change at Walmart, a labor group. "Instead of pursuing billion-dollar stock buybacks and million-dollar C.E.O. payouts, Walmart needs to make the necessary investment to eradicate poverty within and among its own work force."
Walmart declined to comment.