Fiscal year 2017 marked the first time in U.S. history publicly traded companies were required to disclose how much they paid their CEO in comparison to their median employee, reports Bloomberg.
The 2010 Dodd-Frank act is the regulatory policy driving the transparency. It requires businesses to disclose the ratio in regulatory filings for fiscal years starting on or after Jan. 1, 2017.
To determine the CEO to median employee ratio, the CEO's compensation is divided by the pay of the median employee, which means half of a company's employees make more and half make less.
Here are 19 S&P 500 healthcare company's CEO to median employee pay ratios. They are listed in order of largest pay ratio to smallest.
1. Johnson & Johnson
Pay ratio: 452-to-1.
CEO salary: $29.8 million
Median employee salary: $66,000
2. IQVIA Holdings
Pay ratio: 388-to-1
CEO salary: $38.0 million
Median employee salary: $97,997
3. Centene Corp.
Pay ratio: 379-to-1
CEO salary: $25.3 million
Median employee salary: $66,600
4. Humana
Pay ratio: 344-to-1
CEO salary: $19.8 million
Median employee salary: $57,385
5. Pfizer
Pay ratio: 313-to-1
CEO salary: $27.9 million
Median employee salary: $89,206
6. HCA Healthcare (Nashville, Tenn.)
Pay ratio: 312-to-1
CEO salary: $17.3 million
Median employee salary: $55,354
7. Cigna
Pay ratio: 279-to-1
CEO salary: $17.6 million
Median employee salary: $63,010
8. Anthem
Pay ratio: 262-to-1
CEO salary: $18.6 million
Median employee salary: $70,867
9. Abbott Laboratories
Pay ratio: 251-to-1
CEO salary: $16.8 million
Median employee salary: $75,679
10. Stryker Corp.
Pay ratio: 209-to-1
CEO salary: $14.0 million
Median employee salary: $66,901
11. PerkinElmer
Pay ratio: 200-to-1
CEO salary: $11.4 million
Median employee salary: $56,775
12. Mettler-Toledo International
Pay ratio: 178-to-1
CEO salary: $7.3 million
Median employee salary: $40,882
13. Bristol-Myers Squibb
Pay ratio: 169-to-1
CEO salary: $18.7 million
Median employee salary: $110,280
14. AbbVie
Pay ratio: 144-to-1
CEO salary: $22.6 million
Median employee salary: $157,347
15. Perrigo Co.
Pay ratio: 127-to-1
CEO salary: $8.3 million
Median employee salary: $65,284
16. Eli Lilly & Co.
Pay ratio: 118-to-1
CEO salary: $15.8 million
Median employee salary: $134,003
17. West Pharmaceutical Services
Pay ratio: 111-to-1
CEO salary: $4.8 million
Median employee salary: $42,962
18. Akorn
Pay ratio: 86-to-1
CEO salary: $4.2 million
Median employee salary: $48,560
19. Incyte Corp.
Pay ratio: 64-to-1
CEO salary: $16.1 million
Median employee salary: $253,015