Despite high inflation and poor performance last year, more than half of major U.S. companies saw their median salaries increase compared to the previous year.


On the 19th (local time), The Wall Street Journal (WSJ) analyzed the 2022 median salary data of Standard & Poor's (S&P) 500 companies compiled by research firm MyLogIQ. The analysis showed that a total of 278 companies raised their salaries compared to 2021. Among them, about 100 companies increased salaries by more than 10% despite concerns about a recession.

Mark Zuckerberg, CEO of Meta [Photo by Yonhap News]

Mark Zuckerberg, CEO of Meta [Photo by Yonhap News]

View original image

By company, the median employee salary at Meta Platforms, the parent company of Facebook, was $296,320 (380.77 million KRW) last year, approaching approximately 400 million KRW. Although Meta's revenue in Q2 to Q4 last year decreased compared to the previous year, the median salary rose by 1%, ranking it second highest among all surveyed companies.


Alphabet, Google's parent company, recorded a median salary of $279,802 (359.54 million KRW) last year, down 5% from 2021. Alphabet's median salary was the highest among all companies in 2021 but fell to third place last year.


The company with the highest median salary was Vici Properties, a real estate investment trust. Vici Properties recorded a median salary of $410,415 (532 million KRW). This company, which owns casinos across the United States, has a total of 23 employees, and part-time workers employed in portfolio assets were not included in the median salary calculation.


Netflix ranked 9th with a median salary of $218,400 (280.64 million KRW), up 8% from the previous year.


Apple's median salary was $84,493 (108.57 million KRW), a 24% increase from the previous year, but it did not reach $100,000 (128.5 million KRW).



E-commerce company Amazon recorded a median salary of $34,195 (43.94 million KRW), up 4%. Amazon's workforce includes 1.54 million employees, including part-time workers such as warehouse staff.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing