It’s important to note that ratios can’t be compared equally across companies, because each can take a different approach to calculating a median employee’s earnings. The heightened difference came during one of the roughest years for the gaming and hospitality industries in recent history, during which a global pandemic forced operators to shutter properties for months and resulted in thousands of workers being furloughed or laid off. CEOs’ total compensation came in anywhere from 66 to 591 times that of a median employee in the company in 2020, according to some calculations. The pay ratio between chief executives and median employees increased at four of the six largest public Nevada-based casino operators during the pandemic. The pay gap between Nevada casino companies’ average workers and their CEOs is growing wider. 11, 2021, at age 87 from complications related to treatment for non-Hodgkin lymphoma. Chairman and CEO Sheldon Adelson, shown at the Palazzo on Jan.
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