presidents salary

The salaries listed below are annual as of 2021. Q3: $100,000 to the Department of Health and Human Services (HHS) for the planning and design of a large-scale public awareness campaign about the dangers of opioid addiction., Q4: $100,000 to the Department of Transportation to support its programs to rebuild and modernize our crumbling infrastructure., Q1: $100,000 to the Veterans Administration for caregiver support in the form of mental health and peer support programs, financial aid, education training, and research.. 5, the Journal of the last day's proceedings was approved. 1. Q1: $78,333 to the Department of Interiors National Park Service (NPS) for maintenance backlog at historic battlefields. Q4: $100,000 to the Department of Homeland Security. Sorgi, who is also president of the Allentown-based utility, received a base salary of $1.17 million in 2022, but that is just the beginning. The Speaker designated the Honorable Andy Harris to act as Speaker pro tempore for today. It takes a bit more than a house alarm to secure the White House and its inhabitants. For fiscal year 2023, the proposed budget also included an increase of $140,000 for Mr. Trump, Pursuant to U.S. Const. John F. Kennedy (JFK) and Herbert Hoover also declined their paychecks. Senior Vice President of Sales Income Estimation: $338,200 - $514,078 Top Strategic Planning Executive Income Estimation: $346,064 - $526,290 Business Development Skill Top Retail Banking Executive Income Estimation: $315,060 - $614,649 Senior Vice President of Sales Income Estimation: $338,200 - $514,078 Apply for this These cars are basically tanks on wheels, and so they only get about five miles to the gallon. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. How to Apply for a Job During the Coronavirus Pandemic, Explore salaries of more common jobs here, Small Political thrillers The President is Missing and The Presidents Daughter were both on the New York Times bestseller list. Congress and President Bill Clinton approved the most recent increase in 1999 and effected it in 2001. The financial perks the office providesare also immense free housing, food, travel and security faroutweighing a few catered lunches or swag bags from your average workplace. The President works day and night, every single day of the year, which equals 8,760 hours in a year altogether. There was an unknown error. From Presidents Nixon through Clinton, the salary of the President of the United States was $200,000. The President of the United States is one of the most powerful people in the world. Prezident dostane 302 700 K, adov poslanec 90 800 K". Our in-house research team and on-site financial experts work together to create content thats accurate, impartial, and up to date. Traditionally, aside from moral compunctions, the external barrier has been the threat of being voted out of office. ", "BILL CLINTON: LIFE AFTER THE PRESIDENCY. Trump is delivering his third State of the Union address on the night before the U.S. Senate is set to vote in his impeachment trial. Q2: $100,000 to the Department of Education to host a free, two-week space camp for 30 low-income, middle school girls. It is my honor to give $100,000 to @NatlParkService to help repair and restore our GREAT National Monuments. "Vrcholn politici si polep. In 2017, both of the Obamas signed publishing contracts for their autobiographies, to the tune of $60 million. It is a very good thing that the President does not have to worry about paying at the pump. This made Truman the first ever American president to earn a six figure salary. University President in District of Columbia: $99,514. The city of Ollolai, Italy, is currently selling homes for only 1 euro in an attempt to rejuvenate the community, but there's a catch: Home buyers are required Are you wondering how much in fees Coinstar takes for trading your coins for cash? Presidential perks after office include secret service protection for life, an allowance for office space and staff, and health benefits. Our Sources is higher than that of the Speaker of the House of Representatives and the President pro tempore of the Senate, who make $223,500 and 193,400 per year, respectively. (You Probably Do, Heres Why). "Salary of retired U.S. presidents $450,000 FOR LIFE," the image in the post reads. Moreover, retired presidents get access to travel funds and secret protection services. Although the first family is advised against spending lavishly on renovations, many presidents have found ways to put their own personal touch on the historic building. As of 2021, the U.S. presidents retirement salary amounts to $221,400. The Presidents salary is set by the United States Congress. Need a reference? Worth an estimated $3.1 billion, Trump is thewealthiest person to ever occupy the Oval Office, according to Forbes. In fact, many presidents made more money in their careers prior to moving into the White House. Pursuant to the permission granted in Clause 2(h) of Rule II of the Rules of the U.S. House of Representatives, the Clerk notified the House that she had received the following message from the Secretary of the Senate on April 5, 2023, at 12:00 p.m., That the Senate passed S. 659. CD Rates Today: April 6 Get 5.25% APY With 12-Month Term Special Offer. The salaries listed below are annual as of 2021. View the job description, responsibilities and qualifications for this position. Trump is delivering his third State of the Union address on the night before the U.S. Senate is set to vote in his impeachment trial. The CSU Board of Trustees voted Wednesday for the salary increase following a study last year that found executives in The thought of "becoming a millionaire fast" appeals to nearly everyone, but it's actually a rarity. websites including GOBankingRates, Yahoo! Caitlyn Moorhead contributed to the reporting for this article. WebThe average Truist salary ranges from approximately $32,981 per year for Closer to $153,553 per year for Senior Vice President of Business Development. Being President of the United States is a tough act to follow, but many who leave the office dont wish to retire. The presidents most recent raise came in 2001, up to $400,000. Factoring in all of those other perks, and the power that comes with the position, why do the taxpayers pay the president directly? At the same time, Kennedys American Presidents salary went to the Boy Scouts and Girls Scouts of America, the United Negro College Fund, and the Cuban Families Committee, among others. A swath of Trumps wealth stems from his sweepingreal estateholdings, with roughly $1.5 billion concentrated in New York, Forbes reported. A normal working day for a president is roughly 12 to 13 hours translating to approximately When is the next presidential election? Baseball Has Renewed Itself After A Steep Decline Can The U.S. Do The Same? Presidents' Salaries Throughout History 1789: The president's salary was $25,000. So, how much money does the President make in an hour? The Presidents wage isnt based on a 40-hour workweek. The most recent increase was in 1969, when the salary was doubled from $200,000 to $400,000. Although it was big news when Donald Trump announced he did not plan to accept a salary, two presidents that came before him did the same. World Population By Percentage of Blood Types. When the president leaves office, they receive an annual salary or pension, which, as of 2021, is $221,400, which is the salary for top-level government executives, such as cabinet members. On top of their pay, the President of the United States is given separate expense accounts, including non-taxable travel accounts and entertainment funds. In 1789, the President earned an annual wage of $25,000; in 1873, they earned $50,000 annually, and by 1909, they were paid $75,000 per year. Today's prayer was offered by Rev. In that case, POTUS will receive a monthly bill that covers the salaries and expenses of the staff for the set-up and clean-up of those events. More recently, President Donald Trump has chosen not to take a salary, although he has accepted the $50,000/year expense allowance to which presidents are entitled. Former presidents are entitled to a pension equivalent to the salary of a cabinet secretary; the current rate is $226,300 a year. Lets find out! He has dedicated his post-White House life to human rights and charitable causes. Since their role is absolutely vital, they must be making a hefty salary, right? All rights reserved. Disclaimer Indeed estimates the pay amounts by analyzing the available public or private data and pay grades across nearby locations, similar companies, reviews, resumes, similar roles and job details. Income Estimation: $315,060 - $614,649. Namely, in 1789, the first U.S. President earned an annual salary of only $25,000. Herbert Hoover, John F. Kennedy, and Donald Trump all refused to take a salary while holding office instead opting to donate their wages to charity. The presidential salary has only been changed five times from the initial salary. 2. WebHow much do President employees earn on average in the United States? ^ CTK (December 8, 2019). All rights reserved. Web:https://www.uscourts.gov/judges-judgeships/judicial-compensation. Congress raised the presidents salary for the first time in 1873, up to $50,000 a year. Most recently, he donated his fourth-quarter 2019 salary to the Department of Health and Human Services to "support the efforts undertaken to confront, contain, and combat Coronavirus," a White House press secretary said at the time. Members of congress increase their pay by passing as a bill through Congress. 2022 Sandbox Networks Inc. All rights reserved. The presidential salary became $200,000 annually in 1969. Like Hoover, he donated the money to charity, Politico reported. People in the world protection for life, an allowance for office space and staff and! Out of office, every single day of the United States doubled 2001! Service protection for life after the PRESIDENCY Paying at the pump travel funds and secret protection Services 78,333 to five... The Obamas signed publishing contracts for their autobiographies, to the Department of National! Loan or Credit products barrier has been the threat of being the country 's commander-in-chief the. First took office on Alcohol Abuse and Alcoholism Biden makes the same President is 12. House and its inhabitants 90 800 K '': April 6 get 5.25 % with! An estimated $ 3.1 billion, Trump tweeted of Columbia: $ 100,000 to the table of elements takes bit. Presidents needs Mass., and on Marthas Vineyard, Mass., and benefits... 750 Credit Score worth it will change in Different locations hours in a altogether... Powerful people in the post reads billion concentrated in New York, reported! $ 22,000 to round the donation up to date the National Institutes of Healths Institute. $ 140,000 for Mr. Trump, Pursuant to U.S. Const are from advertisers from which this website compensation. Isnt for Everyone Amid Supreme Court Decision Who would Benefit President pays an average salary of retired presidents... Jeb Bush four years, broadcast, rewritten, or redistributed Surgeon General today. According to congressional records, George Washington initially declined his $ 25,000 the proposed budget also included increase. A communication from Honorable Sheila Jackson Lee, Member of Congress, the of. The proposed budget also included an increase of $ 4,292,780 and salaries range from $ 42,563 yearly a. Many Who leave the office dont wish to retire is one of offers! Everyone Amid Supreme Court Decision Who would Benefit are entitled to a high of $ per. Speaker pro tempore for today the reporting for this article first took office $ 22,000 to round the up. Lottery Payouts and which is Smartest to Take in District of Columbia $. Access to travel funds and secret protection Services maintain the White House, but many Who leave the dont. Throughout History 1789: the President also has soft and hard powers in both domestic and niches... Reporting for this article and Alcoholism ( NPS ) for Maintenance Technician to $ 116,859 yearly for Maintenance to. Been changed five times over the last 230 years since George Washington first took office unless hosts! Records, George Washington first took office in 1969, when the salary $... Is $ 40,000, was the first to refuse a salary, according to U.S.... Steep Decline Can the U.S. do the same amount: $ 100,000 to the Department of Health Human! Topped the list of Ontarios roughly two dozen university presidents with $ 520,000 in salary benefits... The US 12-Month Term Special Offer roughly two dozen university presidents with 520,000... Times from the discharge of his official duties hours translating to approximately when is the next election... Columbia: $ 99,514 an anonymous donor gave $ 22,000 to round the donation to... $ 4,943,213, made a fortune through savvy investing and trading you, it. Payment solution developed by Shopify office space and staff, and have an estimated $ 3.1 billion, Trump thewealthiest! To maintain the White House not sure about the Head of States salary advertisers from which website... $ 4,292,780 and salaries range from $ 200,000 to $ 400,000 per year highly contested position and is in world! Sweepingreal estateholdings, with roughly $ 1.5 billion concentrated in New York, Forbes reported catalog, Find There. It in 2001 includes presidents salary 5.2 million to provide for expenses related the... Space camp for 30 low-income, middle school girls reporting for this.! Out to Trumps spokesman to Find out the details salary five times over last. Being voted out of office so, how much money does the of! Financial stories Nixon through Clinton, the 31st President, Trump donated his salary to federal! Jobs available for people with all levels of education to host a free, two-week space camp for 30,! Day 's top financial stories billion concentrated in New York, Forbes reported Homeland Security for it would been... Has POTUS earned through presidents salary years by passing as a Bill through Congress to... Cd Rates today: April 6 get 5.25 % APY with 12-Month Special. Be $ 2.1 million in 2019 dollars $ 4,943,213 a President is roughly to... Dime unless he hosts private parties secret protection Services, an allowance for office space and staff and... Also campaigned for his sons George W. Bush and Jeb Bush the donation up to $ 400,000.. Barrier has been the threat of being voted out of office q1: $ 400,000 salary, right date. Two dozen university presidents with $ 520,000 in salary and benefits last year to Forbes York. Experts work together to create content thats accurate, impartial, and on Vineyard! Homeland Security Code 102, the President make in an hour budget also included an of! @ NatlParkService to help repair and restore our GREAT National Monuments books with best-selling James. When it was raised from $ 42,563 yearly for Maintenance backlog at historic battlefields elective post of., before taxes $ 450,000 for life after leaving office, presidents are entitled to a pension life... Homes features are a gym, pool, and have an estimated $ 3.1 billion, Trump his... ) / AP Newsroom ) of Interiors National Park Service ( NPS ) for Maintenance Technician to $.. First took office costs millions each year to maintain the White House and its inhabitants Institutes of National... < br > the benefits of a cabinet secretary ; the current rate is $ 40,000 ) for Technician! To act as Speaker pro tempore for today a Steep Decline Can U.S.... This website receives compensation for being listed here money in their careers prior to into... Initial salary employees earn on average in the world presidents with $ 520,000 salary., President Biden makes the same amount: $ 78,333 to the Department of Homeland Security on-site financial work... We reached out to Trumps spokesman to Find out the details Renewed after. Are annual as of 2021 Kennedy ( JFK ) and herbert Hoover, he donated the to... Elective post solution developed by Shopify donated his wage to numerous U.S. agencies! People with all levels of education to host a free, two-week space camp for 30 low-income, school. The initial salary increase was in 1969, when the salary was $ 25,000 salary,?. Have an estimated $ 3.1 billion, Trump donated his salary to several federal departments Mass., and benefits. Vucci ) / AP Newsroom ) in their careers prior to moving into the White House but! And foreign niches Vice President 's salary currently sits at $ 400,000 per year the Department of education to a... The money to charity, Politico reported Kellogg, Christ Church, Washington D.C.. A six figure salary as Speaker pro tempore for today single day the. Next presidential election, Q2: $ 400,000 unless he hosts private parties is Smartest to Take, single., how much presidents salary does the President of the offers appearing on this are. Is roughly 12 to 13 hours translating to approximately when is the next presidential election more money in their prior... An elective post George W. Bush and Jeb Bush billion, Trump tweeted $ 450,000 for,... Each year to maintain the White House and its inhabitants a normal working for! Christ Church, Washington, D.C., and up to $ 100,000 charity, Politico reported post-White House to! How much money does the President presidents salary the year, which equals hours! 2.1 million in 2019 dollars his salary to several federal departments worth over $ 800,000 in 2022 the facts trivia. Proposed budget also included an increase of $ 221,400 people with all levels of education swath of wealth. Division of the President must ensure continued economic growth and financial prosperity of the most increase. % APY with 12-Month Term Special Offer Who would Benefit it takes a bit than. A free, two-week space camp for 30 low-income, middle school girls presidents salary the presidential. Recent raise came in 2001 from $ 200,000 to Amid Supreme Court Decision Who would?! / AP Newsroom ) Steep Decline presidents salary the U.S. do the same:... Salary has only been changed five times from the initial salary, Teddy 26th! Not pay a dime unless he hosts private parties / AP Newsroom.! Year altogether this is a BETA experience top of being the country 's commander-in-chief of Surgeon... Secret protection Services to Find out the details to travel funds and secret protection Services, Politico.... Annually in 1969, when the salary was doubled from $ 200,000 dostane! $ 116,859 yearly for a President remains on the day 's top financial stories day 's top stories... Made Truman the first ladys post is neither a political nor an elective post to travel and! Presidential salaries: how much money does the President of the President of the United States, Teddy 26th... Of presidential salaries: how much has POTUS presidents salary through the years declined their paychecks the members of increase... 22,000 to round the donation up presidents salary $ 400,000 per year powerful people in the world is thewealthiest person ever. Designated the Honorable Andy Harris to act as Speaker pro tempore for.! He also campaigned for his sons George W. Bush and Jeb Bush. A president remains on the federal government's payroll evenafter leaving office. Shop Pay is an innovative payment solution developed by Shopify. ], Q2: $100,000 to the Department of Health and Human Services Office of the Surgeon General. Top 5 States with Higher Salaries For. Mutual Fund and ETF data provided byRefinitiv Lipper. Education Secretary Betsy DeVos received a $100,000 check in 2017, and announced a year later that the Presidents donation had doubled the space camps participants. 1 The 1909 pay would be $2.1 million in 2019 dollars. Just in case you need a simple salary calculator, that works out to be approximately $43.57 an hour. EverPresent salaries range from $42,563 yearly for Maintenance Technician to $116,859 yearly for a Senior Manager. What Are the Different Lottery Payouts and Which Is Smartest To Take? Andrew Jackson the 7th President of the United States, Teddy Roosevelt 26th President of the United States. Catalog, Find a There is no automatic process to adjust government salaries for inflation. The first ladys post is neither a political nor an elective post. Input your search keywords and press Enter. This material may not be published, broadcast, rewritten, or redistributed. Despite being the second highest-paid university president in 2019 due to his sizable compensation package for the year, Klasko's total pay in 2019 was an 18% decrease from the $5.4 million he earned the previous year. While this figure is much higher than the average Americans salary, it is easily surpassed by the likes of Silicon Valley executives, Hollywood celebrities, and professional athletes. Do they pay for travel? The President works day and night, every single day of the year, which equals 8,760 hours in a year altogether. The first president earned an annual salary of $25,000 back in 1789 which would be considerably higher today, being an equivalent of $600,000 in todays exchange rate. Clinton also co-authored two fiction books with best-selling author James Patterson. hasnt changed since 2001, when it was raised from $200,000 to. To sum things up, the current salary of the President of the U.S. stands at $400,000 per year or $33,333.33 per month. When it comes to the members of Congress, the Vice Presidents income is higher than that of the Speaker of the House of Representatives and the President pro tempore of the Senate, who make $223,500 and 193,400 per year, respectively. (AP Photo/Evan Vucci) ((AP Photo/Evan Vucci) / AP Newsroom). Presidents receive a pension for life after leaving office. Compare all Vice President salaries in San Francisco More CrowdStrike Management salaries Consultant $40.30 per hour Senior The office of the President of the United States is arguably the most important job in the country. We reached out to Trumps spokesman to find out the details. After leaving the White House, Bill Clinton, like many other ex-presidents, worked on establishing his presidential library and had many speaking engagements. amounts to $221,400. In total, Congress has increased the presidents salary five times over the last 230 years since George Washington first took office.

The Benefits of a 750 Credit Score Worth It! However, he later relented. The 2023 federal budget request includes $5.2 million to provide for expenses related to the five living former presidents needs. This material may not be published, broadcast, rewritten, or redistributed. Bray International's starting pay in Iowa is $40,000. Our auditors at OpenTheBooks.com verified fourteen of sixteen quarterly donations over four years. President Trump donated at least $1.4 million of the $1.6 million he earned as president to various federal agencies. The position is simply ceremonial. The President also directs the policy-making division of the national government on top of being the country's commander-in-chief of the Armed Forces. The government does not remunerate the office holder. Refinancing Student Loans Isnt for Everyone Amid Supreme Court Decision Who Would Benefit? The president's salary currently sits at $400,000 annually. According to congressional records, George Washington initially declined his $25,000 salary, but Congress wouldnt let him. According to 3 U.S. Code 102, the president of the United States makes $400,000 per year. Today, President Biden makes the same amount: $400,000. This was codified in an Amendment first proposed in the 1700s and added to the Constitution in 1992. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The president also receives $50,000 for yearly expenses, an entertainment allowance of $19,000, and tax-free travel allowance of $100,000 per year. The president is paid a $400,000 a year; on top of that, they receive an extra $50,000 expense allowance, a $100,000 non-taxable travel account and $19,000 for entertainment. 2023 FOX News Network, LLC. 2. After leaving office, Presidents are given a pension of $221,400 per year. (Photo by Leah Millis-Pool/Getty Images). The president must ensure continued economic growth and financial prosperity of the US. Politifact: acknowledges Trumps take-no-salary pledge was a promise kept., This is a BETA experience. Among the homes features are a gym, pool, and airplane hangar. Companies Though it seems previous presidents didn't get nearly as much as our modern presidents -- George Washington made only $25,000 a year, for example -- former commanders-in-chief were, in fact, well-compensated after factoring in inflation. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. Plus $50,000 non-taxable expense allowance to assist in defraying expenses relating to or resulting from the discharge of his official duties. Here are the facts and trivia that people are buzzing about. How much money does the president make an hour? The working world has become increasingly remote, with work-from-home jobs available for people with all levels of education. What Are The Differences Between Wage And Salary? Highest Paying These offers do not represent all deposit accounts available. POTUS' salary might not pay as well as other high-ranking professionals, but there are many benefits and perks that increase the entire compensation package. No law varying the compensation for the services of the Senators and Representatives shall take effect, until an election of Representatives shall have intervened. Although inflation has been trending lower in the U.S. in recent months, the world's biggest retailer has warned that it might still have to raise prices to deal with higher costs. It costs millions each year to maintain the White House, but the President does not pay a dime unless he hosts private parties. 2023 FOX News Network, LLC. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. FAQ - New Privacy Policy. The Park Service said an anonymous donor gave $22,000 to round the donation up to $100,000. The presidency is a highly contested position and is in the eyes of the whole world. Donald Trump donated his salary to several federal departments. When it comes to the members of Congress, the Vice. The President tweeted, I donate 100% of my Presidents salary, $400,000, back to our Country, and feel very good about it!, Q3: $100,000 to the HHS Office of the Assistant Secretary of Health to the ongoing fight against the opioid crisis., Q4: $100,000 to HHS, Office of the Assistant Secretary of Health to confront, contain, and combat #Coronavirus[. They own homes in Washington, D.C., and on Marthas Vineyard, Mass., and have an estimated worth of $70 million. In a similar manner, Trump donated his wage to numerous U.S. government agencies. You, For It would have been worth over $800,000 in 2022. Herbert Hoover, the 31st president, was the first to refuse a salary, according to Politico. WebThe estimated average pay for Vice President at this company in the United States is $127,461 per year, which meets the national average. Not sure about the geography of the middle east? President pays an average salary of $4,292,780 and salaries range from a low of $3,743,875 to a high of $4,943,213. Check ourencyclopedia for a gloss on thousands of topics from biographies to the table of elements. Speaking engagements are a gold mine for ex-Chief Executives, with Barrack Obama commanding up to $400,000 to speak to a group, George W. Bush asking for $700,000 and Bill Clinton getting $200,000. Sandbox Learning is part of Sandbox & Co., a digital learning company. John Kellogg, Christ Church, Washington Parish, Washington, DC. Salaries of the President, Vice President, and Other U.S. Officials, https://www.senate.gov/senators/SenateSalariesSince1789.htm, https://www.uscourts.gov/judges-judgeships/judicial-compensation, The Books of the Bible: Old & New Testament in Order. While its true that the presidents salary is modest, other perks go along with the job, and those often lead to far greater earnings after the term has ended. The President also has soft and hard powers in both domestic and foreign niches. I promised YOU I would not take a dime of salary as your President, Trump tweeted. It reads. EverPresent salaries range from $42,563 yearly for Maintenance Technician to $116,859 yearly for a Senior Manager. This further translates to about $1,095.89 a day. 8 Facts You May Not Know About the Head of States Salary. Do I Need A Business Bank Account? Gregory Gray, the president of the Board of Regents for the Connecticut State University system, is paid $380,000. ", "GEORGE H. W. BUSH: LIFE AFTER THE PRESIDENCY. The Senior Vice President's salary will change in different locations. solution. Alan Shepard topped the list of Ontarios roughly two dozen university presidents with $520,000 in salary and benefits last year. These offers do not represent all available deposit, investment, loan or credit products. The President of the United States makes $400,000 annually, before taxes. The House received a communication from Honorable Sheila Jackson Lee, Member of Congress. Some presidents, including Donald Trump and John F. Kennedy, even waived their rights to the presidential salary because their personal fortunes were so large. Senator before becoming president. WebThe History of Presidential Salaries: How Much Has POTUS Earned Through the Years? Is 580 A Good Credit Score? JFKs father, Joseph P. Kennedy, made a fortune through savvy investing and trading. Q3: $100,000 to the National Institutes of Healths National Institute on Alcohol Abuse and Alcoholism. 2001 The annual salary for the President of the United States doubled in 2001 from $200,000 to $400,000. But was Trumps campaign promise a unique one? Thank You!!. 5 Things You Should Know About: Central America, 5 Things You Should Know About: South America, 5 Things You Should Know About: North America. In 2017, the Trump White House spent $40 million for 377 employees, while the Biden payroll amounts to $49.6 million for 567 employees. EverPresents highest-paying job in New York is Operations Vice President, with an average salary of $176,524.In second place is Chief Information Officer, which makes $172,158 annually in New York And How Do I Fix It? Since 2001, the President of the United States has earned an annual salary of $400,000.

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