Local

These local CEOs earn $10M+

Money The minimum wage rose Friday, July 1, 2022, in Los Angeles and Los Angeles County. (Maksym Kapliuk/Getty Images/iStockphoto, File)
(Maksym Kapliuk/Getty Images/iStockphoto, File)

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Four of Central Florida’s largest public companies each pay their CEOs more than $10 million.

Read: ‘Brutal rapist’ sought after woman mutilated in Orange County, deputies say

That data is according to filings to the U.S. Securities and Exchange Commission for 16 of the region’s public companies. The group includes a mix of industries, from tourism and defense to technology and restaurants.

Read: Stephen ‘tWitch’ Boss, dancer, DJ for ‘Ellen DeGeneres Show’ dead at 40

Why this matters: Salary information can be important for both employers and employees. Both parties are able to compare the value of certain positions and how experience is valued, which can help during the salary negotiation process. Executive compensation can draw businesspeople to a certain role or motivate them to stay in a position for longer.

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download the free WFTV news and weather apps, click here to download the WFTV Now app for your smart TV and click here to stream Channel 9 Eyewitness News live.

0