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The same report also criticized Verizon for increasing executive pay by 167% in 2010 for its top five executives while laying off 21,308 workers between 2008 and 2010. However, in its Form 10-K filed with the SEC on February 24, 2012, Verizon reported having paid more than $11.1 billion in taxes (including income, employment and property taxes ...
But Verizon, the telecommunications giant, seems to have found a way to hold onto its employees. The average tenure of around 110,000 workers is 12.9 years, well over three times the U.S. average .
Pittsburgh Tribune – Review - Verizon Retirees Seek Say on Pay - May 3, 2007; New York Times - Verizon Vote On Pay Levels To Be Decided In a Recount –May 4, 2007; New York Times – Say On Pay Gets Support at Verizon – May 19, 2007 *New York Times – Verizon to Put Executive Pay to Shareholder Vote – November 2, 2007. Reuters - Verizon ...
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That year the top 200 executives earned a total of $3 billion in compensation. [33] The median cash compensation was $5.3 million, the median stock and option grants were $9 million. [33] In 2018, the highest-paid CEO in the US was Elon Musk of Tesla, Inc. Musk earned a total of $2.3 billion in compensation.
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