The Wall Street Journal analyzed data for 278 companies in the S&P 500 index, finding compensation for the median worker ticked higher in 2022 than the year before as the median pay package for CEOs slightly declined.
In 2022, the median S&P 500 employee earned $77,178 and the median CEO pay ratio stood at 186:1. The CEO pay ratio is calculated by dividing the CEO's annual compensation as reported in SEC filings by the median employee's pay.
The CEO-to-pay ratio at 21 of the 30 healthcare companies listed below exceeds the 2022 median. All companies in the healthcare equipment and services industry featured in The Wall Street Journal's analysis of data collected by MyLogIQ are ranked below by median pay.
Align Technology, a global medical device company known for its Invisalign teeth straighteners, saw the widest CEO-to-worker pay ratio in 2022 (1,026:1) while DaVita's pay ratio was smallest (45:1).
Intuitive Surgical
2022 median pay: $127,948
2022 CEO pay ratio: 81
Employees: 12,120
Abbott Laboratories
2022 median pay: $101,360
2022 CEO pay ratio: 214
Employees: 115,000
Insulet
2022 median pay: $94,819
2022 CEO pay ratio: 118
Employees: 2,600
Hologic
2022 median pay: $89,257
2022 CEO pay ratio: 161
Employees: 6,944
Stryker
2022 median pay: $79,194
2022 CEO pay ratio: 234
Employees: 51,000
Centene
2022 median pay: $78,347
2022 CEO pay ratio: 171
Employees: 74,300
Boston Scientific
2022 median pay: $76,054
2022 CEO pay ratio: 223
Employees: 45,000
Cigna
2022 median pay: $75,627
2022 CEO pay ratio: 277
Employees: 71,300
Molina Healthcare
2022 median pay: $75,433
2022 CEO pay ratio: 293
Employees: 15,000
Henry Schein
2022 median pay: $72,635
2022 CEO pay ratio: 114
Employees: 22,000
Humana
2022 median pay: $72,391
2022 CEO pay ratio: 238
Employees: 67,100
AmeriSourceBergen
2022 median pay: $68,343
2022 CEO pay ratio: 245
Employees: 44,000
Idexx Laboratories
2022 median pay: $67,749
2022 CEO pay ratio: 144
Employees: 10,780
DaVita
2022 median pay: $67,488
2022 CEO pay ratio: 45
Employees: 70,000
Dexcom
2022 median pay: $65,706
2022 CEO pay ratio: 235
Employees: 7,600
Zimmer Biomet
2022 median pay: $64,888
2022 CEO pay ratio: 253
Employees: 18,000
Quest Diagnostics
2022 median pay: $63,854
2022 CEO pay ratio: 186
Employees: 49,000
UnitedHealth Group
2022 median pay: $63,035
2022 CEO pay ratio: 331
Employees: 400,000
HCA Healthcare
2022 median pay: $57,727
2022 CEO pay ratio: 254
Employees: 294,000
Dentsply Sirona
2022 median pay: $56,266
2022 CEO pay ratio: 134
Employees: 15,000
Laboratory Corp of America
2022 median pay: $56,191
2022 CEO pay ratio: 266
Employees: 80,000
CVS Health
2022 median pay: $56,129
2022 CEO pay ratio: 380
Employees: 300,000
Elevance Health
2022 median pay: $54,627
2022 CEO pay ratio: 383
Employees: 102,300
Edwards Lifesciences
2022 median pay: $50,997
2022 CEO pay ratio: 274
Employees: 17,300
Universal Health Services
2022 median pay: $49,369
2022 CEO pay ratio: 221
Employees: 93,800
Baxter International
2022 median pay: $46,830
2022 CEO pay ratio: 290
Employees: 60,000
Becton Dickinson
2022 median pay: $37,748
2022 CEO pay ratio: 443
Employees: 77,000
Cooper
2022 median pay: $34,165
2022 CEO pay ratio: 344
Employees: 14,000
Teleflex
2022 median pay: $32,939
2022 CEO pay ratio: 249
Employees: 15,500
Align Technology
2022 median pay: $18,215
2022 CEO pay ratio: 1,026
Employees: 23,165