Efrain Rivera
2022
In 2022, Efrain Rivera earned a total compensation of $3.4M as Senior Vice President, CFO, and Treasurer at Paychex, a 18% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $862,500 |
|---|---|
| Option Awards | $485,788 |
| Salary | $567,308 |
| Stock Awards | $1,467,922 |
| Other | $14,780 |
| Total | $3,398,298 |
Rivera received $1.5M in stock awards, accounting for 43% of the total pay in 2022.
Rivera also received $862.5K in non-equity incentive plan, $485.8K in option awards, $567.3K in salary and $14.8K in other compensation.
Rankings
In 2022, Efrain Rivera's compensation ranked 1,061st out of 5,760 executives tracked by ExecPay. In other words, Rivera earned more than 81.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,061 out of 5,760 | 82nd |
Division Services | 326 out of 1,087 | 70th |
Major group Engineering, Accounting, Research, Management, And Related Services | 28 out of 91 | 69th |
Pay ratio
| Efrain Rivera's Pay | $3,398,298 |
|---|---|
| Median Employee's Pay | $56,960 |
| Pay Ratio | 60to 1 |
In 2022, the annual total compensation of Efrain Rivera was $3,398,298.
The annual total compensation of the median employee at Paychex was $56,960.
The ratio of Efrain Rivera's pay to the pay of median employee was therefore 60 to one.
Source: SEC filing on September 2, 2022.
Rivera's colleagues
We found four more compensation records of executives who worked with Efrain Rivera at Paychex in 2022.