Starbucks Top-Tier Executives Average Annual Pay Raise of a robust 16.4% per year over the past 10 years is smack dab in the middle of the seven largest Retail Companies I have researched and made similar posts on:
- Amazon +659.0% per year for past ten years
- McDonald's +30.7% per year for past ten years
- Walgreens Boots Alliance +22.2% per year for past ten years
- Starbucks +16.4% per year for past ten years
- Costco +7.1% per year for past ten years
- Home Depot +6.5% per year for past ten years
- Walmart +5.8% per year for past ten years
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 have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies and for 22 of the largest Non-Dow Technology Companies.
I am now turning my attention to large Non-Dow, Non-Technology Companies and I have started 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.
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 have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies and for 22 of the largest Non-Dow Technology Companies.
I am now turning my attention to large Non-Dow, Non-Technology Companies and I have started 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.
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2018
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Howard Schultz Executive Chairman | N/A | N/A | 17,981 | 21,815 | 21,815 | 20,091 | 20,091 | 21,466 | 21,466 | 17,243 | ||||
Kevin Johnson CEO | 13,382 | 11,480 | 11,480 | 11,058 | N/A | N/A | ||||||||
Scott Maw CFO | 5,981 | 5,762 | 5,762 | 4,385 | 4,385 | 3,654 | 3,654 | 2,215 | N/A | N/A | ||||
Rosalind Brewer President Americas and COO | N/A | N/A | ||||||||||||
Clifford Burrows President Siren Retail | 5,580 | 5,366 | 5,366 | 4,967 | 4,967 | 4,857 | 4,857 | 7,637 | 7,637 | 3,547 | ||||
John Culver President International | 5,907 | 5,367 | 5,367 | 5,244 | 5,244 | 3,837 | 3,837 | 6,333 | 6,333 | 3,805 | ||||
Paul Mutty Interim General Counsel | N/A | N/A | ||||||||||||
Lucy Helm Former General Counsel | N/A | N/A | ||||||||||||
Troy Alstead Former COO | N/A | N/A | 6,120 | 3,022 | ||||||||||
Totals | 30,850 | 27,975 | 45,956 | 47,469 | 36,411 | 32,439 | 32,439 | 37,651 | 41,556 | 27,617 | ||||
Annual % Change vs Prior Year | 10.3% | -3.2% | 12.2% | -13.8% | 50.5% | |||||||||
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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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2009
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2009
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2008
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Howard Schultz Executive Chairman | 17,243 | 28,910 | 28,910 | 16,079 | 16,079 | 21,733 | 21,733 | 14,971 | 14,971 | 9,740 | ||||
Scott Maw CFO | ||||||||||||||
Clifford Burrows President Siren Retail | 3,547 | 4,245 | 4,245 | 4,326 | 4,326 | 3,790 | 3,790 | 2,224 | 2,224 | 1,671 | ||||
John Culver President International | 3,805 | 2,842 | 2,842 | 2,771 | 2,771 | 3,391 | N/A | N/A | ||||||
Troy Alstead Former COO | 3,022 | 4,133 | 4,133 | 4,287 | 4,287 | 3,458 | 3,458 | 1,415 | N/A | N/A | ||||
Jeff Hansberry President China & Asia Pacific | 2,417 | 4,379 | 4,379 | 2,454 | N/A | N/A | ||||||||
Arthur Rubinfeld PresidentGlobalDevelopment | 2,451 | 2,798 | 2,798 | 1,813 | N/A | N/A | ||||||||
Totals | 30,034 | 44,509 | 44,509 | 29,917 | 29,914 | 35,170 | 31,779 | 20,423 | 17,195 | 11,411 | ||||
Annual % Change vs Prior Year | -32.5% | 48.8% | -14.9% | 55.6% | 50.7% | |||||||||
10 Year Average Per Year % Change | 16.4% |