Cincinnati, Ohio-Based Procter & Gamble's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was 7.4% Per Year During the Past Ten Years (FYEs June 2010-2019). It's Good To See That 3 of PG's 5 Top-Tier Executives Are Women.

The third Democratic 2020 Presidential candidate debate was held in Houston, Texas on September 12, 2019.  The stickout performers in this debate were Pete Buttigieg, Amy Klobuchar, Beto O'Rourke and Cory Booker.  The only one of the Top Four candidates performing OK was Elizabeth Warren, with the other three slipping at least some.

The fourth Democratic 2020 Presidential candidate debate will be held on October 15, 2020 at Otterbein University in Westerville, Ohio, a Columbus suburb.  It's good to see that the New York Times will be one of the hosts.  The quality and relevance of the questions should improve substantially from what they were in the first three debates where the key economic issues played such a minor part.

The key issue to Ohio citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

While increasing the US federal minimum wage will help here, there is a much broader and critical problem that needs to be solved.  The annual percentage increase in the pay and employee benefits of Company non-executive employees are minuscule in relation to that of Company executive employees and this has been going on for decades.  When Corporate CEOs and CFOs primarily view non-executive employees as a Cost rather than as a Person, this is what happens.  And neither political party has had the courage to take on US Corporations here.

Thus I will be doing research and making posts on the average pay and benefits raise per year that the Top-Tier Executives of large Ohio Companies were rewarded with in the past ten years.  

The second Company I am addressing here is Procter & Gamble.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Procter & Gamble's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past ten years.
  
Procter & Gamble's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was 7.4% per year during the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	June	June		June	June		June	June		June	June		June	June
Procter & Gamble	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
Taylor	20,499	17,354		17,354	18,096		18,096	14,405		14,405	6,102		N/A	N/A
Moeller	9,477	7,959		7,959	8,029		8,029	6,846		6,846	7,044		7,044	7,018
Bishop	N/A	N/A		4,795	5,151		5,151	4,550		N/A	N/A
Ciserani	N/A	N/A		5,624	7,614		7,614	6,849		6,849	7,103		7,103	5,143
Ferguson-McHugh	5,697	4,978		4,978	5,433		N/A	N/A
Lafley										10,046	18,287		18,287	19,504
Riant										7,484	6,928		6,928	7,318
Geissler
Totals	35,673	30,291		40,710	44,323		38,890	32,650		45,630	45,464		39,362	38,983
Annual % Change	17.8%			-8.2%			19.1%			0.4%			1.0%
5 Year Avg Per Year % Change		6.0%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	June	June		June	June		June	June		June	June		June	June
Procter & Gamble	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
McDonald				15,928	15,199		15,199	16,188		16,188	13,115		13,115	9,191
Lafley	N/A	N/A
Moeller	7,018	5,869		5,869	5,347		5,347	4,962		4,962	3,258		3,258	3,096
Geissler	7,319	6,900		6,900	6,882		6,882	6,305		6,305	5,679		5,679	7,747
Panayotopoulos				7,001	6,900		6,900	6,276		6,276	6,343		6,343	6,813
Passerini				4,959	4,150		N/A	N/A
Shirley										5,647	5,011		N/A	N/A
Steele										5,623	4,690		N/A	N/A
Totals	14,337	12,769		40,657	38,478		34,328	33,731		45,001	38,096		28,395	26,847
Annual % Change	12.3%			5.7%			1.8%			18.1%			5.8%
5 Year Avg Per Year % Change		8.7%
10 Year Avg Per Year % Change		7.4%