Michael E. Gioja
2022
In 2022, Michael E. Gioja earned a total compensation of $3M as Senior Vice President of Information Technology and Product Development at Paychex, a 20% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $795,000 |
|---|---|
| Option Awards | $420,148 |
| Salary | $525,385 |
| Stock Awards | $1,269,528 |
| Other | $16,961 |
| Total | $3,027,022 |
Gioja received $1.3M in stock awards, accounting for 42% of the total pay in 2022.
Gioja also received $795K in non-equity incentive plan, $420.1K in option awards, $525.4K in salary and $17K in other compensation.
Rankings
In 2022, Michael E. Gioja's compensation ranked 1,203rd out of 5,753 executives tracked by ExecPay. In other words, Gioja earned more than 79.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,203 out of 5,753 | 79th |
Division Services | 353 out of 1,083 | 67th |
Major group Engineering, Accounting, Research, Management, And Related Services | 26 out of 88 | 71st |
Pay ratio
| Michael E. Gioja's Pay | $3,027,022 |
|---|---|
| Median Employee's Pay | $56,960 |
| Pay Ratio | 53to 1 |
In 2022, the annual total compensation of Michael E. Gioja was $3,027,022.
The annual total compensation of the median employee at Paychex was $56,960.
The ratio of Michael E. Gioja's pay to the pay of median employee was therefore 53 to one.
Source: SEC filing on September 2, 2022.
Gioja's colleagues
We found four more compensation records of executives who worked with Michael E. Gioja at Paychex in 2022.