Friday, June 28, 2019

UnitedHealth Group Top-Tier Executives Average Pay Raise Was 10.9% Per Year During the Past Ten Years (2009-2018)

From SEC Proxy Statement Filings, below are the UnitedHealth Group's Top-Tier US Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

UnitedHealth Group is the seventh Dow Industrial Company I have researched on Top-Tier Executives Average % Pay Raises Per Year.
  
The US Government should pass wisely-designed Fair Pay Raise Income Inequality Narrowing tax incentives ..... the carrot ..... and wise tax disincentives ..... the stick.

The US Government should also require all US Corporate Boards to include at least one worker representative or else Income Inequality will never narrow. 

I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
UnitedHealth Group 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013 2013 2012
Top-Tier Total Total Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Hemsley     11,353     18,454     18,354     15,844     15,844     14,518     14,518     14,856     14,856     12,073     12,073     13,887
Wichmann     18,107     17,390     17,390     12,316     12,316     11,582     11,582     12,143     12,143       8,116       8,116       8,501
Rex       8,588       7,931       7,931       7,185  N/A   N/A             
Witty  N/A   N/A             
Nelson       9,763       7,580  N/A   N/A 
Short       6,495       5,798       5,798       5,682       5,682       6,334       6,334       6,027  N/A   N/A 
Renfro     14,237     12,325     12,325     11,589     11,589     12,098     12,098       9,301       9,301       8,617
Boudreaux     11,479       7,513       7,513       8,498
Totals     47,811     51,355     64,407     53,468     46,283     43,371     43,371     45,431     56,910     43,030     37,003     39,503
Annual % Change -6.9% 20.5% 6.7% -4.5% 32.3% -6.3%
FYE FYE FYE FYE FYE FYE FYE FYE
UnitedHealth Group 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Hemsley     13,887     13,395     13,395     10,810     10,810       8,902       8,902       3,241
Renfro       8,617     10,603     10,603       6,333       6,333       6,771  N/A   N/A 
Wichmann       8,501     10,711  N/A   N/A     
Boudreaux       8,498     10,925     10,925       6,374  N/A   N/A     
Welters       7,411       7,871       7,871       6,220       6,220       6,040       6,040       5,981
Mikan       9,191       6,187       6,187       5,756       5,756       6,729
Munsell       5,716       4,795
Totals     46,914     53,505     51,985     35,924     29,550     27,469     26,414     20,746
Annual % Change -12.3% 44.7% 7.6% 27.3%
10 Year Avg Per Year % Change 10.9%