Michael C. Majors
2021
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $297,698 |
|---|---|
| Non-Equity Incentive Plan | $245,000 |
| Option Awards | $666,370 |
| Salary | $445,038 |
| Stock Awards | $688,240 |
| Other | $11,743 |
| Total | $2,354,089 |
Majors received $688.2K in stock awards, accounting for 29% of the total pay in 2021.
Majors also received $297.7K of change in pension value and nonqualified deferred compensation earnings, $245K in non-equity incentive plan, $666.4K in option awards, $445K in salary and $11.7K in other compensation.
Rankings
In 2021, Michael C. Majors' compensation ranked 5,401st out of 12,415 executives tracked by ExecPay. In other words, Majors earned more than 56.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,401 out of 12,415 | 57th |
Division Finance, Insurance, And Real Estate | 827 out of 2,276 | 64th |
Major group Insurance Carriers | 162 out of 279 | 42nd |
Industry group Life Insurance | 21 out of 37 | 43rd |
Industry Life Insurance | 21 out of 37 | 43rd |
Pay ratio
| Michael C. Majors' Pay | $2,354,089 |
|---|---|
| Median Employee's Pay | $56,843 |
| Pay Ratio | 41to 1 |
In 2021, the annual total compensation of Michael C. Majors was $2,354,089.
The annual total compensation of the median employee at Torchmark was $56,843.
The ratio of Michael C. Majors' pay to the pay of median employee was therefore 41 to one.
Majors' colleagues
We found five more compensation records of executives who worked with Michael C. Majors at Torchmark in 2021.