As more companies embrace blockchain technology, the pay of executives and executives’ peers has also been under scrutiny.
A report published this week by the non-profit Center for Responsive Politics shows that tech billionaires are making more than their counterparts in other industries, such as teachers and other government workers.
The median compensation for CEOs in tech-heavy industries is $1.5 million, according to the report, while those in other sectors, such the pharmaceutical industry, make $2.1 million and $2 million, respectively.
In general, the top tech executive in the country is making about $1 million, which is less than the median pay of about $2,500 for teachers, who typically make more than the average tech worker.
While this is not a trend that has been happening in the past, the report highlights that the tech billionaires make far more than other professionals in the same industries.
The data comes from a Bloomberg analysis of federal disclosure filings, which include compensation data from all companies in the S&P 500.
The firm used data from the Federal Election Commission and Bloomberg News to compile the report.