The exceptionally successful, very well-run Alphabet's Top-Tier Executives Average Annual Pay Raise of an off-the-charts 240.2% per year over the past 10 years is substantially below that of Amazon's completely off-the-charts 659.0% per year and also a bit below that of the highest of the 30 Dow Industrial Companies Apple's off-the-charts 306.1% per year, but more than 7 times that of the second highest of these Dow Industrial Companies Microsoft's blistering 32.4% per year.
When you look at the above numbers, it only makes sense that these Top 4 US Technology Companies rule the world economy and continue to get stronger and stronger.
To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.
Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.
I just recently have researched and made posts on Top-Tier Executives Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies. Alphabet here is the second of many large non-Dow Companies I will be making similar posts on in order to get an even better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages.
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Alphabet Inc
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Top-Tier
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| Larry Page CEO Alphabet | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Sergey Brin President Alphabet | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Eric Schmidt Former Executive Chairman | 1,612 | 4,727 | 4,727 | 4,310 | 4,310 | 8,038 | 8,038 | 108,691 | 108,691 | 19,323 | ||||
| Sundar Pichal CEO Google | 1,881 | 1,334 | 1,334 | 199,718 | 199,718 | 100,632 | N/A | N/A | ||||||
| Ruth Porat SVP CFO | 47,292 | 689 | 689 | 39,074 | N/A | N/A | ||||||||
| David Drummond SVP CorpDev ChiefLegalOff | 47,282 | 664 | 664 | 664 | 664 | 673 | 673 | 44,259 | 44,259 | 4,798 | ||||
| Patrick Pichette Former SVP CFO | N/A | N/A | 43,757 | 5,153 | ||||||||||
| Totals | 98,067 | 7,414 | 7,414 | 243,766 | 204,692 | 109,343 | 8,711 | 152,950 | 196,707 | 29,274 | ||||
| Annual % Change vs Prior Year | 1222.7% | -97.0% | 87.2% | -94.3% | 572.0% | |||||||||
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2012
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2012
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2011
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2011
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2010
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| Larry Page CEO Alphabet | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 0 | ||||
| Sergey Brin President | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 0 | ||||
| Eric Schmidt Former Executive Chairman | 19,323 | 7,629 | 7,629 | 100,980 | 100,980 | 313 | 313 | 245 | 245 | 509 | ||||
| David Drummond SVP CorpDev ChiefLegalOff | 4,798 | 31,302 | 31,302 | 18,306 | N/A | N/A | ||||||||
| Patrick Pichette Former SVP CFO | 5,153 | 38,741 | 38,741 | 18,307 | 18,307 | 22,607 | 22,607 | 24,687 | N/A | N/A | ||||
| Nikesh Arora SVP Chief Business Officer | 5,710 | 51,446 | 51,146 | 23,188 | 23,188 | 22,607 | 22,607 | 26,320 | N/A | N/A | ||||
| Alan Eustace SVP Engineering & Research | 12,006 | 15,166 | 15,166 | 1,826 | ||||||||||
| Jonathon Rosenberg SVP Product Management | 15,166 | 2,008 | ||||||||||||
| Totals | 34,984 | 129,118 | 128,818 | 160,781 | 142,475 | 45,531 | 57,537 | 66,422 | 30,581 | 4,343 | ||||
| Annual % Change | -72.9% | -19.9% | 212.9% | -13.4% | 604.1% | |||||||||
| 10 Year Average Per Year % Change | 240.2% | |||||||||||||
