American Express Business Analyst Salary
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There has long been a gap between the average wage earner and the top percentage of wage earners. A prime example of this fact is the salary of America’s CEOs
American Express Business Analyst Salary
The pandemic has widened the gap between CEOs and the average worker. While many people suffered and lost their jobs, CEOs continued to receive raises. So what’s the difference between CEOs and average wage earners? Let’s dig into the numbers.
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Let’s start by looking at Google’s parent company, Alphabet. CEO Sundar Pichai makes $7,425,547 a year, while the average Alphabet employee makes $82,000 a year. Alphabet has one of the lowest salaries. That said, the average employee would have to work 3,622 hours a week to earn what Sundar Pichai earns.
It would be foolish to say that the average employee should make the same amount as the CEO. Of course, the CEO’s job is critical to the company’s success. Those who want to succeed invest large salaries in the hope of retaining a capable CEO. These realities and market forces cannot be accounted for.
However, people who overpay CEOs risk perpetuating the old adage of making the rich richer while giving others mere scraps to live on. The problem may not be as obvious as at Nike, where CEO John J. Donahoe II pulls in $54,451,903 a year, while the average employee makes $30,877.
The wage gap between the average individual and the overpaid CEO should be exasperating to workers. The only problem is that a worker struggling to make ends meet in an uncertain economy can be a catalyst for change.
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The first step to progress is understanding the problems with wage structures. The second step is to create social pressure to cut CEO compensation and raise employee wages.
Although legislation has been proposed to try and force a fairer compensation hierarchy, the reality of legislation today is that the rich have all the lobbying power and government wears too many hats to get the job done effectively.
Real change can only come from individuals and groups willing to take greater responsibility for unfavorable compensation practices. On the other hand, companies with fair pay structures should be seen as examples of efficient operations without large pay disparities.
Of course, there should be reasonable salary increases as employees move up the corporate ladder. This encourages workers to strive for improvement and advancement. But if a company wants to attract top talent at all levels, it needs a competitive salary. It’s just common sense.
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Distribution of proxy statements filed with the SEC. Their income consisted of salary, bonuses and equity. CEO earnings per hour and minute were calculated using a 40-hour work week and 52 work weeks in a year. Employee salaries were collected using crowdsourced data from Payscale.com
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An Overview Of The Business Analyst Salary In The Top 10 Countries Employing Analysts
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However, there is a significant range between the top 10 percent of companies and the bottom 10 percent of earnings. American Express pays its highest-paid employees more than $145,000 a year and its lowest-paid employees less than $51,000.
At American Express, employees working in business development and engineering jobs earn the highest salaries.
In terms of how geography affects how much American Express employees are paid, those located in Palo Alto, California, New York, New York, and Phoenix earn the highest salaries.
Working At American Express
Although American Express employees make an average annual salary of $86,421, different roles can have different salaries. Some of the top paying positions at American Express include director, chief technician, lead developer, and senior manager. A director at American Express can earn an average annual salary of $151,190. You can also look at other roles such as cashier and customer service representative to get a better understanding of salary at American Express. By comparison, a title teller at American Express earns $31,076 a year.
Some of American Express’ competitors are Morgan Stanley, Mastercard, and AIG. The average salary at Morgan Stanley ranks highest, with their employees earning an average salary of $103,933 per year. Mastercard employees earn an average of $99,226 a year, while AIG earns an average of $84,115.
The cost of living can vary dramatically depending on which part of the country you live in. Looking at our data, we can see that American Express employees earn more in some areas than others. The city with the highest average salary is Palo Alto, California, with an average employee salary of $100,819. American Express employees in New York, NY don’t make that much. The average salary in New York is $97,190.
Salaries at American Express vary by department or organizational function. Employees in the business development organization function are the highest paid at American Express, with an average annual salary of $114,810. Employees in the engineering department also earn relatively high salaries, averaging $113,015 per year. . The lowest-paying departments at American Express include customer service and administrative functions, with employees earning $38,909 and $63,470, respectively.
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Yes, the pay is good at American Express. The average annual salary at American Express is $86,421, a 30.43% increase compared to the industry average of $66,257 per year.
American Express pays an average of $86,421 per year while Capital One pays $61,566.
Provides an in-depth look at American Express details, including salaries, political views, employee information and more, to inform job seekers about American Express. Employee data is based on self-reported information about past or current employment with American Express. The information on this page is also based on collected data sources
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