Special Report

Companies Paying Americans the Least

7. The TJX Companies, Inc. (NYSE:TJX)
> Global workforce:
198,000
> CEO compensation: $28.7 million
> Revenue: $29.1 billion
> No. of U.S. locations: 2,581
> Industry: Apparel Retail

TJX Companies, the parent company of TJ Maxx department stores and discount retailer Marshalls, employs nearly 200,000 workers in the United States. According to employee reviews posted on Glassdoor.com, the average TJ Maxx cashier earns $8.45 per hour. In contrast, total compensation of CEO Carol Meyrowitz last year was $28.7 million. On an hourly basis, that amounts to over 1,600 times what the average Marshalls cashier makes.

6. Aramark (NYSE:ARMK)
> Global workforce:
269,500
> CEO compensation: $32.4 million
> Revenue: $14.8 billion
> No. of U.S. locations: 449
> Industry: Food Services

Food service company Aramark had net profits just shy of $150 million in its fiscal 2014. It is also one of the nation’s lowest paying companies. Based on wage submissions on Glassdoor.com, a typical cashier makes just over $9 per hour. CEO Eric Foss, on the other hand, made more than $32.4 million last year, the highest total CEO compensation of the more than 100 companies reviewed. Based on a 40-hour work week, Foss’s per hour wage is about 1,700 times that of some of his employees.


5. Target Corp. (NYSE:TGT)
> Global workforce:

347,000
> CEO compensation: $28.2 million
> Revenue: $72.6 billion
> No. of U.S. locations: 1,790
> Industry: General Merchandise Stores

Sales floor team members and cashiers are paid an average wage of less than $10 per hour at Target. By contrast, CEO Brian Cornell earned $28.2 million in total compensation last year, higher than the compensation of all but three other chief executives at the over 100 companies reviewed. While many companies on this list are extremely large by revenue and are also very profitable, Target posted a net income loss in its latest fiscal year. The weak financial performance was partially due to a failed attempt to enter the Canadian market. It was also the result of a costly data breach at the end of 2013, which according to the company resulted in net cumulative expenses of tens of millions of dollars. The total retreat from Canada cost billions.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.