Columbus, Georgia-Based Supplemental Health and Life Insurance Company Aflac Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was 8.3% Per Year During the Past Ten Years

The fourth Democratic 2020 Presidential candidate debate was held on October 15, 2019 at Otterbein University in Westerville, Ohio, a Columbus suburb.  It was good to see a significant improvement in the quality and relevance of the questions asked by the hosts, particularly the major focus on the key economic issues.  Nearly all of the 12 candidates performed well but two of them stuck out as exceptional ..... Pete Buttigieg and Amy Klobuchar ..... who both substantially stepped up their insightful assertiveness.  Amy gave the single most relevant phrase when she asserted that so much of what Elizabeth Warren is proposing are "Pipe Dreams" and have no chance of getting enacted.  Independents and even reasonable Republicans, who will be deciding the 2020 Presidential general election, have zero interest in these fiscally irresponsible "Pipe Dreams".  This is not going to unify the country, which is what the country is desperately seeking in the next President. 

The fifth Democratic 2020 Presidential candidate debate will be held on November 20, 2019 in the Atlanta, Georgia.  Let's hope MSNBC does a much better job this time.  Last time it couldn't control the candidates and also it pretty much ignored the key economic issues.  Glad to see Washington Post is co-hosting this key event.

So far in my research of large US Corps I have shown that their Top-Tier Executives have been rewarded continually with just enormous annual increases in pay and employee benefits, mostly stock equity compensation, to the extent that the key issue to US 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 Costs rather than as People, this is what happens.  And neither political party has had the courage to take on US Corps here.

So I now will be doing research and making posts on the annual pay and employee benefits percentage increases that the Top-Tier Executives of large Georgia Companies were rewarded with in the past five to ten years.  

The 8th Georgia Company I am addressing here is Aflac Inc.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Aflac's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past ten years.
  
Aflac's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was 8.3% per year during the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Aflac Inc	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
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
Daniel Amos Chairman and CEO	17,535	22,831		22,831	20,412		20,412	11,982		11,982	15,477		15,477	18,582
Crawford CFO	7,388	5,529		5,529	4,255		N/A	N/A
Tillman General Counsel	4,371	4,815
Kirsch EVP Chief Investment Officer	5,044	4,094		4,094	3,742		3,742	4,087		4,087	3,988		3,988	3,429
Lake President Aflac International	3,830	3,957
Paul Amos Former President				4,620	6,646		6,646	5,453		5,453	6,170		6,170	4,146
Cloninger President							11,208	6,988		6,988	8,917		8,917	6,530
Tonoike COO Aflac Japan													3,042	3,532
Totals	38,168	41,226		37,074	35,055		42,008	28,510		28,510	34,552		37,594	36,219
Annual % Change vs Prior Year	-7.4%			5.8%			47.3%			-17.5%			3.8%
5 Year Average Per Year % Change		6.4%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Aflac Inc	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
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
Daniel Amos Chairman and CEO	18,582	13,818		13,818	14,628		14,628	15,955		15,955	13,592		13,592	10,783
Kirsch EVP Chief Investment Officer	3,429	2,119		N/A	N/A
Paul Amos Former President	4,146	3,846		3,846	3,614		3,614	3,001		3,001	2,540		2,540	2,846
Cloninger President	6,530	12,558		12,558	7,805		7,805	8,674		8,674	5,730		5,730	5,822
Tonoike COO Aflac Japan	3,532	3,986		3,986	3,501		3,501	3,394		3,394	2,810		2,810	2,602
Loudermilk General Counsel				4,351	2,493		2,493	2,486		2,486	2,201		2,201	2,259
Totals	36,219	36,327		38,559	32,041		32,041	33,510		33,510	26,873		26,873	24,312
Annual % Change vs Prior Year	-0.3%			20.3%			-4.4%			24.7%			10.5%
5 Year Average Per Year % Change		10.2%
10 Year Average Per Year % Change		8.3%