Nearly all of these Chicago Companies have been successful on the profit front. But their percentage increases in total compensation they reward their Top-Tier Executives with each year far exceeds the Company's annual real profit percentage increases.
But it's not just happening in the City of Chicago. It's also happening in the Chicago suburbs and all over the US.
This is what happens when Company CEOs and their Board of Directors make selfish, irrationally rosy annual pay raise choices for their executives and at the same time view their non-executive employees as Costs in their annual budgets rather than as People.
To illustrate, from Company Proxy Statements filed with the SEC, the below table summarizes by Company the average annual compensation percentage increases for these 16 Chicago Companies' Top-Tier Executives for predominately the most recent five years.
| Chicago | ||
| Companies | ||
| Top-Tier | ||
| Executives | ||
| Average | ||
| Percentage | ||
| Increases | ||
| Largest Chicago Companies | In Total Pay and | Number |
| With HQs Within City of Chicago | Employee Benefits | of |
| Stock Market Caps Above $10 Bil | Per Year | Years |
| GGP (General Growth Properties) REIT | 119.2% | 5 |
| TransUnion | 39.7% | 5 |
| Archer-Daniels-Midland | 38.3% | 5 |
| McDonald's | 31.7% | 5 |
| Ventas REIT | 23.4% | 5 |
| ConAgra Brands | 21.1% | 5 |
| CME Group | 20.4% | 5 |
| Cboe Global Markets | 19.8% | 5 |
| Equity Lifestyle Properties REIT | 17.4% | 5 |
| United Airlines | 17.0% | 5 |
| Motorola Solutions | 15.8% | 5 |
| Boeing | 15.3% | 5 |
| CNA Financial | 14.6% | 5 |
| Equity Residential REIT | 13.1% | 10 |
| Exelon | 12.0% | 10 |
| Northern Trust | 7.0% | 5 |
| Average of all 16 Chicago Companies | 26.6% | |
| Median of all 16 Chicago Companies | 18.6% |
