The TJX Companies Top-Tier Executives Average Pay Raise Was a Very Robust 20.7% Per Year During the Past Ten Years (2009-2018)

From Company Proxy Statement filings with the SEC, below are The TJX Companies Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

The TJX Companies Top-Tier Executives Average Annual Pay Raise of 20.7% per year over the past 10 years is the 4th highest of the ten largest Retail Companies I have researched and made similar posts on:

1. Amazon +659.0% per year for past ten years
2. McDonald's +30.7% per year for past ten years
3. Walgreens Boots Alliance +22.2% per year for past ten years
4. The TJX Companies +20.7% per year for past ten years
5. Starbucks +16.4% per year for past ten years
6. CVS Health +13.1% per year for the past ten years
7. Costco +7.1% per year for past ten years
8. Home Depot +6.5% per year for past ten years
9. Walmart +5.8% per year for past ten years
10. Lowe's Companies +4.2% 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.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Jan	Jan		Jan	Jan		Jan	Jan		Jan	Jan		Jan	Jan
The TJX Companies	2019	2018		2018	2017		2017	2016		2016	2015		2015	2014
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
Ernie Hermann CEO	18,823	16,880		16,880	18,537		18,537	20,181		20,181	14,107		14,107	11,505
Scott Goldenberg CFO	6,430	5,834		5,834	5,756		5,756	4,635		4,635	4,150		4,150	2,556
Carol Meyrowitz Executive Chair	11,261	13,355		13,355	14,503		14,503	19,560		19,560	28,692		28,692	22,514
Richard Sherr Group President	6,745	6,202		6,202	6,463		6,463	6,357		6,357	5,042		5,042	3,808
Kenneth Canestrari Group President	N/A	N/A
Michael MacMillan Group President				6,217	7,180		7,180	7,073		7,073	7,501		7,501	6,525
Totals	43,259	42,271		48,488	52,439		52,439	57,806		57,806	59,492		59,492	46,908
Annual % Change vs Prior Year	2.3%			-7.5%			-9.3%			-2.8%			26.8%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Jan	Jan		Jan	Jan		Jan	Jan		Jan	Jan		Jan	Jan
The TJX Companies	2014	2013		2013	2012		2012	2011		2011	2010		2010	2009
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
Ernie Hermann CEO	11,505	12,821		12,821	4,444		4,444	8,666		8,666	4,456		4,456	3,252
Scott Goldenberg CFO	2,556	2,143		N/A	N/A
Carol Meyrowitz Executive Chair	22,514	21,769		21,769	11,088		11,088	23,079		23,079	17,362		17,362	8,489
Richard Sherr Group President	3,808	3,810		N/A	N/A
Michael MacMillan Group President	6,525	7,718		N/A	N/A
Jeffrey Naylor CFO							4,873	4,592		4,592	3,742		3,742	2,850
Jerome Rossi Group President							3,482	3,853		3,853	3,602		N/A	N/A
Paul Sweetenham Group President Europe							4,690	3,759		3,759	2,881		N/A	N/A
Totals	46,908	48,261		34,590	15,532		28,577	43,949		43,949	32,043		25,560	14,591
Annual % Change	-2.8%			122.7%			-35.0%			37.2%			75.2%
10 Year Average Per Year % Change		20.7%