Tuesday, March 29, 2022

US Food Company McCormick & Company 2020 Median Pay For Its US Employees Was $77,565 But Was Only $33,387 For All of Its Employees Worldwide

From its Proxy Statement filed with the US SEC, McCormick & Company's median worldwide employee pay and benefits was $33,387 in 2020.

McCormick & Company's median US employee pay and benefits is a substantially higher $77,565 in 2020.
Thus the median pay of a McCormick & Company US worker is more than 2.3 TIMES the median pay of a McCormick & Company worker located outside the US.

The overwhelming majority of US multinational companies have similar huge differences in their employee pay worldwide.

It's all about the extremely low pay of their workers in places like Mexico, Brazil, China, India, Indonesia, Russia and the Philippines.