Fedex nixed its pension plan in 2019 and opted for a 401k plan starting in 2020. That year, the CEO (Frederick W. Smith) made $15,973,884 in compensation. The median employee earned $52,718. That's 303:1. Since then, the median employee's compensation has continued to shrink each year. In 2022, it is $39,177
Fedex nixed its pension plan in 2019 and opted for a 401k plan starting in 2020. That year, the CEO (Frederick W. Smith) made $15,973,884 in compensation. The median employee earned $52,718. That's 303:1.
Since then, the median employee's compensation has continued to shrink each year. In 2022, it is $39,177