Data Sources:

CEO compensation data was obtained from proxy statements filed with the U.S. Securities and Exchange Commission (SEC) for the latest fiscal years. The CEO compensation data was provided to the AFL-CIO by Salary.com and includes data for approximately 3,000 corporations, including most of those listed in the Russell 3000 index. The compensation year reported on the website denotes the fiscal year as provided to Executive PayWatch by Salary.com. This data is updated, usually monthly, throughout the year. Industry Classifications are based on Standard Industrial Classification (SIC) codes provided by Salary.com.

The average annual income earned by workers in 2009 is based on the average weekly earnings of production and non-supervisory employees according to the Bureau of Labor Statistics’ Current Population Survey.  The average hourly wage of these employees was $18.62 and the average number of hours worked each week in 2009 was 33.1 hours: $18.62 X 33.1 hours X 52 weeks = $32,048.74.  For further details visit this site.

Data for average salaries by occupation is taken from the May 2008 Occupational Employment Statistics estimates made by the Bureau of Labor Statistics. For further information visit this site.

Terms:

• CEO Name and Company: The name of the CEO and company affiliation is derived from the proxy statement. The website does not adjust for CEO changes at a company after the fiscal year. Salary: Salary paid to the CEO for the fiscal year.
• Bonus: Bonus paid to the CEO in the fiscal year.
• Value of Stock and Option Awards:  The combined value of the stock and option awards granted in a fiscal year as listed in the Summary Compensation Table.  Stock options are the right to purchase a specified number of common stock at a stated exercise price for a specified period of time.  Stock awards are in the form of stock or restricted stock that is either time vesting or performance vesting.
  
• Non-Equity Incentive Plan Compensation: This is compensation earned pursuant to non-equity incentive plans.  This includes incentive plan awards that are not stock or equity.  Incentive plans generally provide for compensation intended to serve as an incentive for performance to occur over a specified period.
• Change in Pension Value and Non-Qualified Deferred Compensation Earnings: This is the increase in actuarial value to the executive officer of all defined benefit pension plans and earnings on non-qualified deferred compensation plans over the past year.
• All Other Compensation: The value of perquisites and other benefits provided to the CEO.  This could include personal use of company cars and airplanes, country club memberships, tax reimbursements, insurance plans or payments to saving plans.  Payments to savings plans are part of Change in Pension Value and Non-Qualified Deferred Compensation Earnings.
• Total Compensation: Total compensation is determined by adding the above components: (1) the salary, (2) bonus, (3) all other compensation, (4) the value of stock and option awards, (5) the value of non-equity incentive plan compensation and the change in pension values and (6) non-qualified deferred compensation earnings.