Booking Holdings Top-Tier Executives Average Pay Raise was a robust 23.9% per year for the past ten years and was pretty much in the middle of the pack of the 28 very large US Technology Companies I have researched and made posts on, as you can see in the below chart.
NEO | |||
Top-Tier | |||
Executives | |||
Average | Number | ||
Pay Raise % | of | ||
US Largest Technology Companies | Per Year | Years | |
1 | 796.6% | 6 | |
2 | Amazon | 659.0% | 10 |
3 | Apple | 306.1% | 10 |
4 | Alphabet | 240.2% | 10 |
5 | Workday | 136.9% | 7 |
6 | Broadcom Inc | 119.3% | 10 |
7 | Square Inc | 116.5% | 4 |
8 | salesforce.com | 60.4% | 10 |
9 | Microsoft | 32.4% | 10 |
10 | Netflix | 30.2% | 10 |
11 | PayPal Holdings | 29.3% | 2 |
12 | Analog Devices | 28.7% | 10 |
13 | VMware | 27.1% | 10 |
14 | ServiceNow | 24.2% | 6 |
15 | Booking Holdings | 23.9% | 10 |
16 | Qualcomm | 22.2% | 10 |
17 | Visa | 18.8% | 10 |
18 | Intuit | 16.1% | 10 |
19 | Cisco Systems | 16.0% | 10 |
20 | Adobe | 15.6% | 10 |
21 | Oracle | 15.1% | 10 |
22 | Micron Technology | 13.8% | 10 |
23 | Mastercard | 13.0% | 10 |
24 | NVIDIA | 12.7% | 10 |
25 | Intel | 11.3% | 10 |
26 | IBM | 9.9% | 10 |
27 | Texas Instruments | 7.3% | 10 |
28 | 2.8% | 7 |
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.
And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives. This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.
Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.
With Booking Holdings here I have researched and made posts on 28 very large US Technology Companies. I now will turn my attention to large Non-Dow, Non-Technology Companies and I will start with the US Retailers.
My objective is 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, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
Booking Holdings | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Glenn Fogel CEO | 20,459 | 27,774 | 27,774 | 6,323 | 6,323 | 5,727 | 5,727 | 5,524 | 5,524 | 5,323 | ||||
David Goulden CFO | N/A | N/A | ||||||||||||
Daniel Finnegan Former CFO | N/A | N/A | 6,124 | 6,023 | 6,023 | 5,724 | 5,724 | 5,526 | 5,526 | 5,323 | ||||
Gillian Tans CEO, Booking.com | 14,471 | 13,653 | 13,653 | 17,103 | 17,103 | 6,270 | N/A | N/A | ||||||
Peter Millones General Counsel | 6,431 | 6,339 | 6,339 | 6,538 | 6,538 | 5,743 | 5,743 | 5,541 | 5,541 | 5,338 | ||||
Jeffrey Boyd Chairman of the Board | N/A | N/A | N/A | N/A | ||||||||||
Darren Huston Former CEO | N/A | N/A | 15,006 | 21,966 | 21,966 | 17,878 | ||||||||
Christopher Soder CEO priceline.com | 5,221 | 5,368 | ||||||||||||
Totals | 41,361 | 47,766 | 53,890 | 35,987 | 35,987 | 23,464 | 32,200 | 38,557 | 43,778 | 39,230 | ||||
Annual % Change vs Prior Year | -13.4% | 49.7% | 53.4% | -16.5% | 11.6% | |||||||||
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
Booking Holdings | 2013 | 2012 | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Glenn Fogel CEO | 5,323 | 3,323 | 3,323 | 2,663 | N/A | N/A | ||||||||
David Goulden CFO | ||||||||||||||
Daniel Finnegan Former CFO | 5,323 | 3,073 | 3,073 | 2,488 | 2,488 | 2,248 | 2,248 | 1,648 | N/A | N/A | ||||
Gillian Tans CEO, Booking.com | ||||||||||||||
Peter Millones General Counsel | 5,338 | 3,338 | 3,338 | 2,578 | 2,578 | 2,338 | 2,338 | 1,713 | 1,713 | 2,053 | ||||
Jeffrey Boyd Chairman of the Board | 15,058 | 10,308 | 10,308 | 9,058 | 9,058 | 7,483 | 7,483 | 4,280 | 4,280 | 6,724 | ||||
Darren Huston Former CEO | 17,878 | 7,720 | N/A | N/A | ||||||||||
Christopher Soder CEO priceline.com | N/A | N/A | 1,714 | 2,063 | ||||||||||
Kees Koolen Chairman Booking.com | 7,969 | 6,134 | 6,134 | 3,173 | 3,173 | 6,898 | ||||||||
Robert Mylod Vice Chairman | 5,803 | 2,917 | 2,917 | 4,522 | ||||||||||
Totals | 48,920 | 27,762 | 20,042 | 16,787 | 22,093 | 18,203 | 24,006 | 13,731 | 13,797 | 22,260 | ||||
Annual % Change | 76.2% | 19.4% | 21.4% | 74.8% | -38.0% | |||||||||
10 Year Average Per Year % Change | 23.9% |