Netfix's Top-Tier Executives Average Annual Pay Raise of a blistering 30.2% per year over the past 10 years is the fifth highest of the Technology Companies I've researched so far, behind Amazon's 659.0%, Apple's 306.1%, Alphabet's 240.2%, and Microsoft's 32.4%.
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.
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. Netflix here is the fourth 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, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.
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2018
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2017
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2017
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2016
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2016
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2015
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2013
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| Reed Hastings CEO | 36,080 | 24,377 | 24,377 | 23,178 | 23,195 | 16,629 | 16,629 | 11,080 | 11,080 | 7,733 | ||||
| Ted Sarandos Chief Content Officer | 29,647 | 22,443 | 22,443 | 18,923 | 18,939 | 14,002 | 14,002 | 8,827 | 8,827 | 7,487 | ||||
| David Wells CFO | 5,839 | 5,181 | 5,181 | 6,094 | 6,112 | 4,179 | 4,179 | 2,443 | 2,443 | 1,796 | ||||
| Greg Peters Chief Product Officer | 14,819 | 9,237 | 9,237 | 8,029 | 8,045 | 5,623 | 5,623 | 3,655 | N/A | N/A | ||||
| Kelly Bennett Chief Marketing Officer | N/A | N/A | ||||||||||||
| Neil Hunt Former Product Officer | N/A | N/A | 8,823 | 8,447 | 8,447 | 6,520 | 6,520 | 5,490 | ||||||
| David Hyman General Counse | N/A | N/A | ||||||||||||
| Totals | 86,385 | 61,238 | 61,238 | 56,224 | 65,114 | 48,880 | 8,447 | 6,520 | 6,520 | 5,490 | ||||
| Annual % Change vs Prior Year | 41.1% | 8.9% | 33.2% | 29.6% | 18.8% | |||||||||
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2013
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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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2010
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2008
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| Reed Hastings CEO | 7,733 | 5,544 | 5,544 | 9,289 | 9,289 | 5,517 | 5,517 | 2,756 | 2,756 | 2,761 | ||||
| Ted Sarandos Chief Content Officer | 7,487 | 6,472 | 6,472 | 4,928 | 4,928 | 2,374 | 2,374 | 1,090 | 1,090 | 1,088 | ||||
| David Wells CFO | 1,796 | 2,038 | 2,038 | 1,402 | 1,402 | 519 | ||||||||
| Greg Peters Chief Product Officer | ||||||||||||||
| Kelly Bennett Chief Marketing Officer | ||||||||||||||
| Neil Hunt Former Product Officer | 5,490 | 5,495 | 5,495 | 3,598 | 3,598 | 1,990 | 1,990 | 1,510 | 1,510 | 1,507 | ||||
| David Hyman General Counse | 2,477 | 2,278 | 2,278 | 1,674 | 1,674 | 985 | N/A | N/A | N/A | |||||
| Leslie Kilgore Chief Marketing Officer | 4,036 | 2,789 | 2,789 | 2,075 | 2,075 | 2,090 | ||||||||
| Barry McCarthy CFO | 3,793 | 1,992 | 1,992 | 1,881 | ||||||||||
| Totals | 24,983 | 21,827 | 21,827 | 20,891 | 24,927 | 14,174 | 16,463 | 9,423 | 9,423 | 9,327 | ||||
| Annual % Change | 14.5% | 4.5% | 75.9% | 74.7% | 1.0% | |||||||||
| 10 Year Average Per Year % Change | 30.2% |
