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The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders.
The median employee at companies in the S&P 500 earned $89,744, reflecting a 4.7% increase year over year. While that gain outpaced the rate of inflation in 2025, many workers were still feeling pinched by the accumulation of higher prices over the past few years and had to cut corners to make ends meet and run up credit card debt to pay for everyday necessities.
The Associated Press’ CEO compensation survey, which uses data analyzed for The AP by Equilar, included pay data for 337 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their companies, which filed proxy statements between Jan. 1 and April 30.
At half the companies in AP’s survey it would take the worker at the middle of the company’s pay scale 200 years to make what the CEO did in one, up from 192 years in last year’s survey. Companies have been required to disclose this so-called pay ratio since 2018.
While the biggest gaps occur at companies where the CEO received compensation loaded with one-time awards of stock, the pay ratio also tends to be highest at companies in industries where wages are typically low. For instance, at Coca-Cola, its CEO earned nearly 1,739 times the median pay of $17,947 for its workers. The CEO at the retailer TJX Cos. makes about 1,774 times what a worker making the company’s median pay does.
