Pay Ratio Disclosure

Pay Ratio Disclosure is a report that shows the comparison between the total compensation of a company's CEO and that of its average employee. It provides transparency about income differences within the company, helping stakeholders understand the extent of pay disparities. The ratio is calculated by dividing the CEO’s annual total pay (including salary, bonuses, and stock options) by the median pay of all other employees. This disclosure promotes accountability and allows investors and the public to better assess income inequality within the organization.