Top 10 Corporate Companies Salary in US 2023

If you are looking for a high-paying job in the US in 2023, you might want to check out the salaries of the top corporate companies. According to the Bloomberg Pay Index, which tracks the compensation of executives at public companies, some of the highest-paid CEOs and executives in 2021 worked for companies in the technology, health, and finance sectors.

Top 10 Corporate Companies Salary in US 2023

In this article, we will look at the top 10 corporate companies salary in US 2023, based on the projected pay of their CEOs and executives, and compare them with their pay.

1. Tesla

Tesla is the leading electric vehicle maker in the world, founded by Elon Musk, who is also the CEO and the richest person on the planet. According to the Bloomberg Pay Index, Musk received a whopping $10.1 billion in total pay in 2021, mostly from stock options that he earned by meeting certain performance goals. His pay package, which was approved by shareholders in 2018, could potentially be worth more than $50 billion if Tesla achieves all its targets by 2028. For 2023, Musk’s pay is expected to be around $11 billion, assuming Tesla’s stock price and revenue continue to grow.

2. Rivian Automotive

Rivian Automotive is an electric vehicle startup that has attracted investments from Amazon, Ford, and other major players. The company launched its first products, an electric pickup truck and an electric SUV, in late 2021, and plans to deliver more than 100,000 vehicles by 2023. The CEO and founder of Rivian, Robert Scaringe, received a massive $2.29 billion in total pay in 2021, mostly from stock awards that vested upon certain milestones. His pay for 2023 is projected to be around $2.5 billion, depending on Rivian’s market performance and valuation.

3. Apple

Apple is one of the most valuable and profitable companies in the world, known for its innovative products and services such as the iPhone, iPad, Mac, Apple Watch, AirPods, Apple TV, Apple Music, iCloud, and more. The company reported record revenue and earnings in 2021, driven by strong demand for its devices and services amid the pandemic. The CEO of Apple, Tim Cook, received $853.8 million in total pay in 2022.

mostly from a long-term equity award that vested in August 2021. His pay for 2023 is estimated to be around $900 million, based on his annual salary, bonus, and stock awards.

4. Lucid

Lucid is another electric vehicle startup that went public in 2021 through a merger with a special purpose acquisition company (SPAC). The company aims to compete with Tesla and other luxury car makers with its flagship model, the Lucid Air, which claims to have the longest range and fastest charging time of any electric vehicle. The CEO and chief technology officer of Lucid, Peter Rawlinson, received $575.7 million in total pay in 2022, mostly from stock awards that vested upon the completion of the merger. His pay for 2023 is projected to be around $600 million, depending on Lucid’s market performance and valuation.

5. C3.ai

C3.ai is a software company that provides artificial intelligence solutions for various industries, such as energy, manufacturing, banking, health care, and defense. The company went public in 2020 and saw its revenue grow by 17% in 2022. The CEO and founder of C3.ai, Tom Siebel, received $343.9 million in total pay in 2022, mostly from stock awards that vested upon the initial public offering (IPO). His pay for 2023 is expected to be around $350 million, based on his annual salary, bonus, and stock awards.

6. Coty

Coty is a global beauty company that owns and licenses brands such as Calvin Klein, Gucci, Burberry, CoverGirl, Rimmel, and more. The company underwent a major transformation in 2022

, selling off some of its businesses and acquiring a majority stake in Kylie Jenner’s cosmetics brand. The CEO of Coty, Sue Nabi, received $283.8 million in total pay in 2022,

mostly from a one-time equity award that was granted upon her joining the company in September 2020. Her pay for 2023 is estimated to be around $290 million, based on her annual salary, bonus, and stock awards.

7. KKR

KKR is a global investment firm that manages multiple asset classes, such as private equity, real estate, credit, infrastructure, and more. The firm reported record assets under management and fee-related earnings in 2022, benefiting from the strong performance of its portfolio companies and funds. The co-CEOs of KKR, Joe Bae and Scott Nuttall, each received $279.1 million and $233.3 million in total pay in 2022, respectively, mostly from carried interest distributions and dividends from their ownership stakes in the firm. Their pay for 2023 is projected to be around $280 million and $235 million, respectively, based on their annual salary, bonus, and distributions.

8. SentinelOne

SentinelOne is a cybersecurity company that provides endpoint protection and detection solutions for enterprises. The company went public in 2021 and saw its revenue grow by 121% in 2022. The CEO and co-founder of SentinelOne, Tomer Weingarten, received $275.8 million in total pay in 2021, mostly from stock awards that vested upon the IPO. His pay for 2023 is expected to be around $280 million, based on his annual salary, bonus, and stock awards.

9. Palantir Technologies

Palantir Technologies is a software company that provides data analytics and intelligence platforms for government and commercial clients. The company went public in 2020 and saw its revenue grow by 47% in 2021. The CEO and co-founder of Palantir, Alex Karp, received $264.2 million in total pay in 2021,

mostly from stock awards that vested upon certain performance and market conditions. His pay for 2023 is projected to be around $270 million, based on his annual salary, bonus, and stock awards.

10. GitLab

GitLab is a software company that provides a platform for developers to collaborate and manage their projects. The company went public in 2021 and saw its revenue grow by 69% in 2021. The CEO and co-founder of GitLab, Sid Sijbrandij, received $263.7 million in total pay in 2021, mostly from stock awards that vested upon the IPO. His pay for 2023 is estimated to be around $265 million, based on his annual salary, bonus, and stock awards.

Conclusion

These are the top 10 corporate companies salary in US 2023, based on the projected pay of their CEOs and executives. As you can see, the pay packages of these leaders are mostly driven by equity awards that are tied to the performance and valuation of their companies. These pay packages reflect the high demand and competition for talent in the technology, health, and finance sectors, as well as the potential for innovation and growth in these industries.

Most Asked Questions and Answers

Q: How are the salaries of CEOs and executives determined?

A: The salaries of CEOs and executives are determined by various factors, such as the size, industry, performance, and strategy of their companies, as well as the market benchmarks, peer comparisons, shareholder feedback, and board recommendations.

Q: How are the salaries of CEOs and executives taxed?

A: The salaries of CEOs and executives are taxed according to the federal and state income tax rates, as well as the payroll taxes for Social Security and Medicare. The equity awards that make up a large portion of their pay are also subject to capital gains tax when they are sold.

Q: How do the salaries of CEOs and executives compare to the average worker?

A: The salaries of CEOs and executives are much higher than the average worker. According to a report by the Economic Policy Institute, the average CEO-to-worker compensation ratio was 351-to-1 in 2020, meaning that CEOs made 351 times more than the typical worker. This ratio has increased significantly over the years, from 21-to-1 in 1965 to 320-to-1 in 2019.

Q: What are the benefits and drawbacks of high salaries for CEOs and executives?

A: The benefits of high salaries for CEOs and executives are that they can motivate them to perform better, align their interests with those of shareholders, attract and retain top talent, and reward them for taking risks and innovating. The drawbacks of high salaries for CEOs and executives are that they can create income inequality, social discontent, excessive risk-taking, short-termism, ethical issues, and shareholder dissatisfaction.

Q: What are some of the best practices for setting salaries for CEOs and executives?

A: Some of the best practices for setting salaries for CEOs and executives are to link them to long-term performance and value creation,

to use a mix of fixed and variable pay components, to balance cash and equity awards, to consider the internal and external equity, to disclose the pay policies and practices transparently, and to engage with shareholders and stakeholders on pay issues.

Q: What are some of the trends and challenges for salaries for CEOs and executives in 2023?

A: Some of the trends and challenges for salaries for CEOs and executives in 2023 are the impact of the COVID-19 pandemic and recovery, the increased focus on environmental, social, and governance (ESG) factors, the rise of remote and hybrid work models, the emergence of new technologies and business models, the regulatory and tax changes, and the growing scrutiny and activism from shareholders and society.

Q: How do the salaries of CEOs and executives vary by industry and geography?

A: The salaries of CEOs and executives vary by industry and geography, depending on the size, profitability, growth, competition, regulation, and talent demand of each sector and region. Generally, the highest-paying industries for CEOs and executives are technology, health care, finance, consumer goods, and energy. The highest-paying regions for CEOs and executives are North America, Europe, Asia-Pacific, Middle East, and Latin America.

Q: How do the salaries of CEOs and executives affect their personal lives and well-being?

A: The salaries of CEOs and executives affect their personal lives and well-being in various ways. On one hand, high salaries can provide them with financial security, lifestyle choices, social status, philanthropic opportunities, and personal satisfaction. On the other hand, high salaries can also bring them stress, pressure, isolation, criticism, envy, guilt, and ethical dilemmas.

Q: How do the salaries of CEOs and executives influence their leadership styles and behaviors?

A: The salaries of CEOs and executives influence their leadership styles and behaviors in various ways. On one hand,

high salaries can motivate them to be more visionary, strategic, innovative, ambitious, and confident. On the other hand, high salaries can also make them more arrogant, greedy, selfish, reckless, and detached.

Q: How do the salaries of CEOs and executives compare to those of other professionals and occupations?

A: The salaries of CEOs and executives compare to those of other professionals and occupations in different ways. According to the US News Best Jobs rankings, some of the highest-paying jobs in 2023 are anesthesiologist ($208,000), oral and maxillofacial surgeon ($208,000), obstetrician and gynecologist ($208,000), surgeon ($208,000), orthodontist ($208,000), physician ($208,000), and psychiatrist ($208,000). These jobs require a high level of education, training, skill, and experience. Some of the lowest-paying jobs in 2023 are fast food worker ($23,510), dishwasher ($24,930), cashier ($25,590), host or hostess ($26,810), waiter or waitress ($27,020), retail salesperson ($28,310), and janitor ($29,080). These jobs require a low level of education, training, skill, and experience.