The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 percent raise from a year earlier, the biggest in three years. The bump reflects how well stocks have done under these CEOs' watch. Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor's 500 index returned 12 percent last year. Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. That's nearly double the 10.9 percent rise in the typical weekly paycheck for full-time employees across the country. Here are some other highlights from the AP's annual package of stories on CEO pay, which was published this past week. To see the full roundup, please visit apnews.com/tag/SpecialReport:CEOpay THE TOP OF THE CHARTS The top-paid CEO last year was … [Read more...] about CEO pay by the numbers: How big were last year’s raises?
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The Cambridge Analytica fallout is continuing for Facebook which this week released new information about the numbers involved in the data harvest. Chief technology officer Mike Schroeper also outlined new measures to limit data sharing with third-party apps and CEO Mark Zuckerberg will appear before a US committee. But despite the controversy, are people actually willing to delete their Facebook account? Could it still operate if switched to a paid-for model? Jeff Parsons and Shivali Best are discussing the state of the big blue social network in this week's episode. They touch on how Facebook collects data and whether alternatives like SnapChat or (Facebook owned) WhatsApp are enough to replace it. How to subscribe Make sure you never miss an episode of the Future File podcast. Subscribe on iTunes Subscribe on Spotify Subscribe on Audioboom Wherever you're subscribing, we'd love to hear your thoughts on the show so leave us a rating and review! And, if all this privacy talk has … [Read more...] about Future File: Facebook fallout and the state of privacy on the social network
RYAN Ruckledge shot to fame after appearing on the X Factor and the seventeenth series of Big Brother. But what do we know about the the reality star, who has spoken about his tanning addiction? Let's get the lowdown... Who is Ryan Ruckledge? Ryan Ruckledge is a 24-year-old energy broker from Blackpool. He appeared on Big Brother back in 2016, and on The X Factor in 2015. During Ryan's time on Big Brother, he was the seventh housemate to be evicted. What did Simon Cowell say about Ryan? During his time on the X Factor, Simon Cowell described him as a "horror of a human being". Ryan was kicked out of the X Factor at the boot comp stage of the show. It was after he was seen drinking "extra strong" vodka and orange juice when he should've been rehearsing. What has Ryan said about his tanning addiction? Ryan has previously revealed he's "addicted" to tanning jabs and would rather die than have pale skin. His addiction even landed him in hospital after an illegal tanning hormone he’d … [Read more...] about Who is Ryan Ruckledge? Big Brother star and X Factor reject who’s spoken out about his tanning addiction
The company’s shares surged more than 25 per cent above the Wall Street Stock Exchange’s reference price of $132 (£94) to $165.90 (£118) a share. That translated into a $29.5bn (£21bn) valuation for a company now trading under the ticker symbol SPOT. Rather than opting for an initial public offering, Spotify engaged in what’s known as a direct offering, which is not underwritten by banks. Founder Daniel Ek noted in a blog post ahead of the offering that existing shareholders have already been able to buy and sell stocks. “Normally, companies ring bells”, Mr Ek said. “Normally, companies spend their day doing interviews on the trading floor touting why their stock is a good investment. Normally, companies don’t pursue a direct listing. While I appreciate that this path makes sense for most, Spotify has never been a normal kind of company.” In the months leading up to the offering, Spotify moved to strengthen its market … [Read more...] about Spotify sees big Wall Street debut amid tech sector turmoil
Around a dozen big East Anglian firms still have not reported their gender pay gaps. The deadline is Wednesday, April 4. Picture: Joe Giddens/PA Wire With less than 48 hours to go before gender pay gap reports have to be filed, a number of East Anglia’s biggest companies are yet to submit their figures. With the Easter weekend seeing little activity on the government’s dedicated reporting website, around a dozen of the largest firms based in the region have still not submitted their reports – which must be filed before Thursday (April 5). Under the legislation all UK companies with 250 or more employees are required to report the gap between the pay and bonuses of men and women in their organisations and the proportion of men and women in each of four pay bands. READ MORE: Figures reveal difference in gender pay gaps at region’s manufacturing firmsREAD MORE: Norwich City blames 76% gender pay gap on “nature of professional football”Of the gender … [Read more...] about Companies still to file their gender pay gaps one day before deadline