Starbucks CEO made 6,666 times more than the Starbucks typical worker
Starbucks’ coffee isn’t the only thing at the company that’s amped up.
Its CEO, Brian Niccol, made a whopping 6,666 times more than the company’s typical employee last year, according to the AFL-CIO’s annual Executive Paywatch report, released Wednesday. It was the widest pay gap by far between the top executive and median worker among the nation’s 500 largest public companies listed in the report.
Niccol, who took over the company’s helm last September, received nearly $98 million in compensation, compared to the typical Starbucks worker’s pay of less than $15,000, according to the report, which drew from corporate filings with the Securities and Exchange Commission.
Starbucks is but one example of the hefty pay gap between America’s corporate leaders and their workers, which grew even larger in 2024.
CEOs at the largest public companies took home $18.9 million last year, or 285 times as much as the typical US worker’s paycheck of $49,500. That’s up from a ratio of 268 to 1 a year earlier, according to the AFL-CIO, a powerful federation of labor unions representing 15 million workers.
The typical employee would have had to start working in 1740 to earn what the average CEO received in 2024, the report noted.
| by Anonymous | reply 9 | July 25, 2025 1:21 PM
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I wonder how much Starbucks spent flying him back-and-forth from his fake office in California to the real office in Washington state
| by Anonymous | reply 1 | July 25, 2025 12:07 PM
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6666? IT'S ALL FOR YOU DAMIAN.
| by Anonymous | reply 2 | July 25, 2025 12:22 PM
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Okay. Now can we get the salaries of the top executives and board members at the AFL-CIO? And while we’re at it, could we get an “executive pay watch” on the top leadership of the Southern Poverty Law Center ?
| by Anonymous | reply 3 | July 25, 2025 12:25 PM
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I think comparisons like this do absolutely no good in terms of creating outrage or any sort of changed compensation behavior from the executive management of a company.
People expect management to make more. I say don't work for those companies if you get outraged. But that's a personal decision.
| by Anonymous | reply 4 | July 25, 2025 12:25 PM
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R3, the head of the SPLC made $466k last year. That’s modest.
| by Anonymous | reply 5 | July 25, 2025 12:38 PM
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The president of the AFL-CIO made $319k in 2023.
I don’t think it made the point you were reaching for.
| by Anonymous | reply 6 | July 25, 2025 12:41 PM
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Sounds egregious on the surface, but chopping this fat cat’s executive pay in half and giving it to the workers would not do much for them.
There are apparently 361,000 total Starbucks employees. Taking $49M from the CEO and spreading it among the employees would put another $135 pre-tax into their pockets.
I do not mean this as a justification for his bloated compensation package. Just “gaming it out” to understand that if workers’ salaries should be increased, raiding the CEO’s salary for it is not going to go far.
| by Anonymous | reply 7 | July 25, 2025 12:46 PM
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What the fuck is R3 going on about?
| by Anonymous | reply 8 | July 25, 2025 12:54 PM
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R3 engaged in a misguided attempt at whataboutism.
| by Anonymous | reply 9 | July 25, 2025 1:21 PM
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