CEOs for King of Prussia, Pa.-based Universal Health Services were paid between 221 and 629 times more than the median annual salary for an employee at the health system between 2019 and 2023, according to proxy statements filed with the Securities and Exchange Commission.
UHS determines its median employee by using the greater of the total annual W-2 wages of employees both in the U.S. and the U.K. or calculated annualized pay for those who commenced work during the year or were on a leave of absence. The employee population consisted of full-time, part-time and temporary workers.
Alan Miller served as CEO in 2019 and 2020. Marc Miller has served as CEO since 2021.
Here is how the CEO-to-worker median pay ratio has changed the past five years:
2019
Total CEO compensation: $24,473,240
Median employee compensation: $38,931
Ratio: 629 to 1
2020
Total CEO compensation: $13,246,214
Median employee compensation: $43,337
Ratio: 305 to 1
2021
Total CEO compensation: $14,020,942
Median employee compensation: $45,454
Ratio: 309 to 1
2022
Total CEO compensation: $10,919,976
Median employee compensation: $49,369
Ratio: 221 to 1
2023
Total CEO compensation: $14,407,937
Median employee compensation: $50,152
Ratio: 287 to 1