Re:Aetna CEO Set to Reap About $500M If CVS Deal Closes
by rak00n on Tuesday December 05, 2017 @12:57PM
(#15853841)
CVS alone had over 240k employee in 2016. [1]
Re:Aetna CEO Set to Reap About $500M If CVS Deal Closes
by Retric on Tuesday December 05, 2017 @01:30PM
(#15854245)
Aetna has ~50,000 people so this is 450m/50k = 9,000$ each for them not exactly nothing. CVS has more workers but they are paid less so 1,900$ means ~1.5 months of pay to someone making 7.25$ an hour before taxes.
I don't mean to suggest this is a significant issue on it's own, but high level executive compensation really does add up to a significant cost at large corporations. And really, this is just stock compensation he received other pay and benefits.
edit: As commenters below pointed out correct number is $9,000 per employee, which would have made for a pretty awesome Christmas bonus.
If we also include CVS employees (240k) the bonus drops to $1,552 which is still pretty good.