Website releases report on wage gap between CEO, workers in tech

KGO logo
Wednesday, August 26, 2015
 In this Tuesday, March 23, 2010, file photo, the Google logo is seen at the Google headquarters in Brussels.
In this Tuesday, March 23, 2010, file photo, the Google logo is seen at the Google headquarters in Brussels.
AP Photo/Virginia Mayo, File

Career website Glassdoor released a new report Tuesday that focused on the wage gap between CEOs and average workers in tech companies in 2014.

The report found that on average, a CEO earns almost 204 times what his or her worker earns.

Companies with the largest pay gap include Oracle, where the CEO makes more than $67 million, that's 573 time's more than its average worker that makes $117,000 a year.

Yahoo's CEO makes more than $42 million, Apple's CEO earns $9 million, Salesforce CEO makes $31 million and Hewlett-Packard's salary is $19 million.

Companies with the smallest pay ratio are Facebook, where the CEO makes just over $610,00, that's only four times more than his workers. At Google the CEO takes just $1, but both CEOs earn millions more each year in stock.

Copyright © 2024 KGO-TV. All Rights Reserved.