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Publicly Traded Corporation

A company whose shares are bought and sold on a stock exchange, making its ownership available to the general public.

Compensation Ratio

A measurement comparing the total pay of a company's highest-paid employee (like a CEO) to the median (middle) pay of all its other employees.

Median Compensation

The middle salary amount for all employees when their salaries are listed from lowest to highest. Half of the employees earn more than this amount, and half earn less.

Taxable Year

The annual accounting period for which an individual or company calculates its income and files tax returns, usually a calendar year or a fiscal year.

Annual Full-Time Equivalent

A way to measure the total number of full-time workers by converting hours worked by all employees into the equivalent number of full-time positions.

Contracted Full-Time Employee

An individual hired by a company to perform specific services under a written contract, often for a defined period, rather than being a regular employee on the company's payroll.