| THE BONUS ROUND | |||||
| WHO | IRENE ROSENFELD CEO, Kraft Foods | TED LILLY Starting pitcher, Chicago Cubs | KEVIN BENSON President and CEO, Laidlaw International** | RONALD TAYLOR CEO, DeVry Inc. | BRIAN GAMACHE CEO, WMS Industries*** |
| TOTAL PAY | $6.45 million* (2006) | $9 million (2007) | $1.89 million | $1.71 million | $1.23 million |
| BASE SALARY | $1.3 million | $5 million | $663,667 | $900,000 | $737,500 |
| BONUS | $5.15 million | $4 million | $1.23 million | $810,113 | $493,670 |
| BONUS AS PERCENTAGE OF SALARY | 396 | 80 | 185 | 90 | 67 |
| BONUS IN NUMBER OF ... | 16-slice packages of Kraft American Singles: 1,122,004 | 16-ounce cups of Old Style at Wrigley Field: 727,273 | Roundtrip Greyhound bus tickets between Chicago and Milwaukee: 51,250 | Semesters (tuition only) at DeVry University's Illinois campuses: 131 | 25-cent plays on a Hot Hot Super Jackpot slot machine: 1,974,680 |
| * Does not include award of restricted stock worth between $3.1 million and $8.8 million. (Additional source: Chicago Tribune) | (Additional sources: Chicago Tribune, sportsline.cnn.com) | **Naperville-based holding company for Greyhound bus lines | ***Waukegan-based gaming company. (Additional source: Daily Herald) | ||
| THEN AND NOW | ||||
| | 1967 | IN TODAY'S DOLLARS* | INFLATION-ADJUSTED INCOME | TODAY |
| Median U.S. wage for women | $2,296 | $13,852 | 70% | $23,546 (2005 - most recent year available) |
| Median U.S. wage for men | $5,974 | $36,059 | -3% | $34,926 (2005 - most recent year available) |
| Average major league baseball player | $19,000 (Source: usatoday.com) | $114,683 | 2,254% | $2,699,292 (White Sox player Joe Crede came the closest locally at $2.68 million in 2006; he'll make $4.94 million in 2007) (Source: sportsline.com) |
| Evanston District 65 teacher | $6,000 | $36,216 | 89% | $68,571 Brian Stone, business education teacher, Evanston Township High School |
| Average faculty member, Northwestern University | $13,899 (Source: Time) | $83,893 | 38% | $115,800** |
| Entry-level nurse | $6,500** | $39,234 | 22% | $48,048 Chicago Department of Health |
| Entry-level police officer, Chicago Police Department | $6,792** | $40,996 | 5% | $43,104 |
| Director of a City of Chicago mental health center | $11,364** | $68,592 | 1% | $69,168 John M. Fusco |
| Entry-level librarian | $7,000** | $42,252 | -1% | $41,688 Chicago Public Library |
| Evanston mayor | $3,600** | $21,729 | -22% | $17,000** Lorraine Morton (2005 - most recent year available) |
| Average entry-level college grad with a degree in science or engineering | $8,400** | $50,702 | -27% | $37,000 Stephanie McNee, cognitive science research assistant, University of Chicago |
| *Adjusted to 2006 rate using the U.S. Bureau of Labor Statistics' Consumer Price Index. **Source: Chicago Tribune | ||||
| PUNCHING IN | ||||||||
| Median hourly wage of a U.S. worker: $18.62 (Source: U.S. Bureau of Labor Statistics) | ||||||||
| WHO | OPRAH WINFREY Chairman, Harpo Inc. | EDWARD J. ZANDER CEO, Motorola | W. JAMES McNERNEY JR. CEO, Boeing Company | PAUL B. MULHOLLEM President and CEO, Archer Daniels Midland | BRENDA C. BARNES CEO, Sara Lee | CRAIG P. OMTVEDT Senior vice president and CFO, Fortune Brands | DAVID B. VERMYLEN President and COO, Treehouse Foods | MICHAEL G. STEIN Executive vice president, Corus Bank N.A. |
| SALARY (2006) | Approx. $225 million* | $4.87 million** | $3.57 million** | $1.67 million*** (retired) | $1.43 million** | $555,000*** | $$555,000*** | $275,000*** |
| HOURLY WAGE | $108,173 | $2,341 | $1,716 | $803 | $688 | $267 | $240 | $132 |
| *Source: Forbes. ***Source: Chicago Tribune. ***Source: Crain's Chicago Business 2007 Book of Lists | ||||||||
| HEAD TO HEAD We pitted several Chicagoans one-on-one against each other to measure performance—of a sort. | |||
![]() | CEDRIC BENSON Running back, Chicago Bears Salary: $5.67 million* Dollars per yard rushed (2006 season): $8,764 | THOMAS JONES Running back, Chicago Bears Salary: $1.85 million* Dollars per yard rushed (2006 season): $344 | ![]() |
![]() | BEN GORDON Guard, Chicago Bulls Salary: $3.86 million* Dollars per point scored (2005-06 season): $2,861 | KIRK HINRICH Guard, Chicago Bulls Salary: $3.19 million* Dollars per point scored (2005-06 season): $2,484 | ![]() |
![]() | JOHN W. McCARTER JR. President and trustee, Field Museum Salary (2005): $434,534 Pay per visitor (2005): 33 cents | DAVID MOSENA President, Museum of Science and Industry Salary (2005): $371,392 Pay per visitor (2005): 21 cents | ![]() |
![]() | HENRY S. BIENEN President, Northwestern University Salary (2006-07): $650,500** Dollars per undergraduate student enrolled (fall 2006): $82 | SYLVIA MANNING Chancellor, University of Illinois at Chicago Salary (2006-07): $321,000** Dollars per undergraduate student enrolled (fall 2006): $21 | ![]() |
![]() | GARY CATALANI Superintendent, Community Unit School District 200, Wheaton Salary (2005-06): $380,227*** Pay per student: $27 | GARY CATALANI CEO, Chicago Public Schools Salary (2005-06): $208,316*** Pay per student: 49 cents | ![]() |
| LOSER WINS? Charting success versus salaries for leaders of Chicago teams shows you don't always get what you pay for. |
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Introduction |
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