disney general counsel salary

He is also entitled to $2000 per hour for any hour worked over 20 hours per month during this period. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The estimated total pay for a Deputy General Counsel at Walt Disney Company is $280,468 per year. Give us feedback, share a story tip or update, or report an error. Related Searches:All Deputy General Counsel Salaries|All Walt Disney Company Salaries. (function() { Learn more about a Bloomberg Law subscription. Join Corporate Counsel now! event : evt, Oklahoma City,Tulsa,Norman, Recently searched related titles: Log in to access all of your BLAW products, Disney Cuts Igers Pay 56% to $21 Million, Axes Bonuses (2), Disneys Longtime Legal Chief Earned $14 Million in 2019, Pay Cuts Continue to Sweep Across Americas Top In-House Lawyers, Disney Chairman Iger to Skip Salary; Other Leaders Take Cuts (1), Disney Executive Pay Squeaks By at New CEOs First Meeting (1), Disney to Cut 28,000 Jobs in One of Biggest Layoffs of Covid Era, Warren Prods Disney CEO on Buybacks, Pay Before 28,000 Cuts (1), Disneylands Toy Story Parking Lot Opens for Mass Vaccinations, Walmart, Disney Join Companies Halting Donations After Riot (1), Disneys Inside Out Copyright Win Stands as High Court Passes, total compensation of its top six executives, Alicia Schwarz promoted to chief compliance officer, Legal chief Alan Braverman made big stock sales as pay slipped. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $280,468 look to you? Average salaries for Walt Disney Company Senior Counsel: $183,266. } Check out the latest Counsel Jobs or see Counsel Salaries at other companies. Receive small business resources and advice about entrepreneurial info, home based business, business franchises and startup opportunities for entrepreneurs. He also took a 30% salary cut from April 5 to Aug. 22, dropping his total salary from $1.66 million in 2019 to $1.58 million in fiscal year 2020. Apply today at CareerBuilder! Meet our President and CEO, as well as other McDonald's U.S. executive team members who continue to build our legacy and ensure our Golden Arches shine bright. Compensation Package for Incoming Disney General Counsel Horacio Gutirrez Revealed in SEC Filings. listeners: [], She was promoted to assistant general counsel in 2018. All proxy statements are public filings made available to the general public by the SEC. Disney hired Schwarz as a principal counsel in 2014 from Hughes Hubbard & Reed in Washington, where she spent five years as an associate handling anti-corruption, corporate compliance, international trade, and internal investigations work. Typically reports to CEO. Cravath mostly matches Baker McKenzie bonuses; what about the class of 2015? Research salary, company info, career paths, and top skills for Executive Counsel - Labor Relations Apply for the Job in Executive Counsel - Labor Relations at New York, NY. The top-paid general counsel works for the Walt Disney Co. and made about $7 million in total cash compensation last year. Walt Disney General Counsel Alan Braverman Collects $16M Pay Package Before Retirement Braverman's total compensation spiked a year after he and other Disney execs agreed to pay cuts as. Disney is now led by Chief Executive Officer Robert Chapek, who took over last year from Robert Iger, a longtime leader of the Burbank, Calif.-based entertainment titan. How much does a General Counsel make in Disney, OK? Search thousands of open positions to find your next opportunity. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. Your article was successfully shared with the contacts you provided. Chapek, who exited abruptly in November, is entitled to just over $6.5 million in remaining base salary through the scheduled expiration date of his employment agreement, just over $1 million equivalent to apro-ratedtarget bonus for fiscal 2023, as well as $12.6 million in restricted stock units. reports. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. The average salary for a Deputy General Counsel is $158,886 per year in United States, which is 43% lower than the average Walt Disney Company salary of $280,468 per year for this job. As such, it noted CFO Christine McCarthys package totaled $20.2 million; General Counsel Horacio Gutierrez $15 million; HR chief Paul Richardsons $5 million; and comms chief Kristina Schake $6.2 million. His haul included $7 million in nonequity incentive plan compensation, $4.5 million in stock awards, $3.2 million in option awards and a nearly $1.8 million salary. Additional pay could include bonus, stock, commission, profit sharing or tips. P.C. Our Standards: The Thomson Reuters Trust Principles. The estimated total pay for a Attorney at Walt Disney Company is $168,589 per year. Horacio Gutierrez will collect a $1.3 million base salary with the opportunity to earn millions more in . on: function(evt, cb) { These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of General Counsel in Disney, OK. ESPN elevated deputy general counsel Eleanor Nell DeVane this past January to succeed Diane Morse as chief counsel for the Bristol, Conn.-based sports network. May engage and coordinate with outside counsel for certain matters. January. Being a General Counsel leads the defense of the organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others. })(); Disney Sued Over Alleged Patent Infringement for Genie and Genie+ Technologies. The estimated base pay is $163,094 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Schwarz didnt respond to a request for comment. Disneys consulting agreement with Braverman to transition his duties is set to expire March 1 but can be extended by both parties. The Walt Disney Co general counsel Alan Braverman, who often ranks among the highest-paid U.S. in-house lawyers, saw his total compensation fall about 33% year-over-year to $9.1 million in fiscal year 2020, a regulatory filing shows, as the media giant grappled with the pandemics financial fallout. The Global Leaders in Consulting awards are for those who are making a big impression within the industry, but also worldwide. callback: cb For questions call 1-877-256-2472 or contact us at [emailprotected], How Kirkland and Latham Ruined Lockstep and Caused the Shearman-Hogan Lovells Merger Talks, Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook, Latest Shearman Partner Quits Amid Merger Talks, Cravath's Katherine Forrest Departs for Paul Weiss, A Guide to Making Equity at Kirkland & Ellis. General Counsel Compensation by Ethnicity (All Companies) The lawyer is Alan Braverman, who received a pay boost from about. The Walt Disney Co.'s longtime top lawyer Alan Braverman saw his total pay increase significantly during his final year at the . The charts on this page feature a breakdown of the total annual pay for the top executives at Walt Disney Co as reported in their proxy statements. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 13 General Counsel jobs available in Walt Disney World Resort, FL on Indeed.com. Gutierrez will succeed Disney veteran Alan Braverman who, as announced in July, is retiring after nearly two decades as the Mouse House's general counsel. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Average The Walt Disney Company Associate General Counsel yearly pay in the United States is approximately $265,158, which is 133% above the national average. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Both options are priced the same. But just months into the job, the board has fired Bob Chapekthe man who . } Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, The Burbank, California-based media and entertainment giant paid. Defines corporate vision and strategy establishes company direction and focus. Average salaries for Walt Disney Company General Counsel: $181,832. Stoney Creek Hotel & Conference Center, Broken Arrow, OK -. He received a $2 million sign-on bonus to join Disney, which announced in late December that Gutierrez would succeed its longtime former legal chief Alan Braverman, who retired last month. Disney media representatives didnt respond to requests for comment about the change in the compliance chief role or Bravermans future employment status. } req.) Spotify general counsel Eve Konstan is now the companys top lawyer. Disney is located at 362839N 95113W / 36.47750N 95.02028W / 36.47750; -95.02028 (36.477501, -95.020272). Law Offices of Gary Martin Hays & Associates Claremore, OK. Individualize employee pay based on unique job requirements and personal qualifications. Some related job titles areAttorney salaries with median pay of $139,649,Attorney (In-house Counsel) salaries with median pay of $138,774,Lawyer salaries with median pay of $109,542,Senior Counsel salaries with median pay of $256,946. Mr. Gutierrez joins Disney from Spotify, where he has served as Head of Global Affairs and Chief Legal Officer. Walt Disney Names Ex-Spotify Legal Chief Horacio Gutierrez as General Counsel, Walt Disney General Counsel Took Big Pay Cut Last Year, The 2021 GC Compensation Survey: Bonus Pain, Entertainment Gain, California GC Compensation Roars Back Following COVID-Fueled Pay Cuts, Live Nation Retains GC in Last-Minute Contract Renewal, Legal Tech Star Relativity Hires CLO Fresh Off Multibillion-Dollar Deals, Milwaukee Brewers Promote Longtime General Counsel to Chief Operating Officer, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Provides guidance and counsel to management on business transactions and initiatives. Check out the latest Deputy General Counsel Jobs or see Deputy General Counsel Salaries at other companies. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. Head of litigation for the world's largest manufacturer of furniture, with more than $7.5 billion in revenue, 1,000 physical locations, and 35,000 employees. Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases. Gutierrez will join Disney having previously worked at Spotify as head of global affairs and chief legal officer. Gutirrez current contract runs from February 1 of this year through December 31, 2024, according to SEC filings. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.com. Law Firm Partner, Salary estimation for General Counsel at companies like : Alan Braverman received $16.7 million in total compensation. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $222,997 look to you? Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. In addition, General Counsel ensures that all company communications, contracts, documents, filings and press releases undergo a legal review. Check out the latest Walt Disney Company Jobs. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The Board therefore concluded that, as Disney embarks on an increasingly complex period of industry transformation, Mr.Iger is best situated to lead the Company while an appropriate longer-term successor is identified. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. Thorough reviews have been conducted to assure this data accurately reflects disclosures. BREAKING: Splash Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime. The information shown here is a reporting of information included in the company's proxy statement. Costfoto/Future Publishing via Getty Images, Walt Disneys Departing Legal Chief Sees 59% Jump in Total Pay, Disney Hires Spotifys Top Lawyer Gutierrez as Legal Chief (2), Disneys Top Lawyer Job Up for Grabs as Longtime Leader Departs, ESPN Elevates Longtime In-House Lawyer to Chief Counsel Role (1), Disneys Longtime Top Lawyer Stepping Down Amid New Legal Hires, Disney Cuts Top Lawyers Pay, Names New Compliance Chief, Disneys Longtime Legal Chief Earned $14 Million in 2019, Neil Young Blasts Spotifys Ek, Goes After Four Big Banks Next, Spotifys CEO Is Deeply Sorry But Wont Drop Joe Rogan, Joe Rogan Apologizes Amid Spotifys Vaccine Controversy (3), Spotify Snags Copyright Office Legal Chief as Public Policy Head, Spotifys Top Lawyer Has Spent Years Making Apple the Bad Guy (2), Former HBO General Counsel Jumps to Spotify, Spotifys GC on Moving from Microsoft to the Music Streaming Service, organizational development and strategic planning, Horacio Gutierrez gets $3.3 million in salary, sign-on bonus, Ex-GC Alan Braverman inks $40,000 per month consulting deal. The significant developments and change in the broader macroeconomic environment over this period informed how the Board viewed the appropriate leader in light of the rapidly evolving industry and market dynamics. Peltz said hell be running for a board seat. Walt Disney Company salary trends based on salaries posted anonymously by Walt Disney Company employees. The Walt Disney Co., whose stock price soared this week amid better-than-expected financial results, unveiled a pay package for its new law department leader that could see him earn more than $22 million in salary, bonus, and equity awards. The estimated base pay is $128,769 per year. The estimated base pay is $182,208 per year. View the job description, responsibilities and qualifications for this position. The top five for total cash compensation are: 1) Alan Braverman of Walt Disney ($7,034,692 ), 2) Thomas Mason of Energy Transfer Equity ($6,857,615), 3) Gerson Zweifach of 21st Century Fox ($6,325,000), 4) Laureen Seeger of American Express ($5,298,200). The company, which is heading for a proxy fight with Trian Partners and its owner and activist investor Nelson Peltz, noted its annual meeting is set, as usual, for March, but didnt provide a date. Your input helps Glassdoor refine our pay estimates over time. The estimated base pay is $182,038 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. How much does a General Counsel make in Disney, OK? Disney has made several personnel announcements this month, including appointing a new chief counsel for sports media giant ESPN, but as of mid-December had yet to publicly disclose a successor for its legal chief of nearly 19 years. General Counsel Compensation by Gender (All Companies) The average female General Counsel at companies similar size to The Walt Disney Company reported making $207,500, while the average male General Counsel at similar sized companies reported making $215,864. Search more salaries here: Top Division Information Technology Executive, General Counsel Salaries with a JD, MD, PhD or Equivalent, View the Cost of Living in Disney, Oklahoma, Detailed skills and competency reports for specific positions. To view this content, please continue to their sites. The Walt Disney Company has hired Horacio Gutierrez as senior executive vice president, general counsel and corporate secretary, effective February 1. Despite the dip in total compensation, Braverman sold off a sizeable amount of Disney stock last yearnearly $22.9 million worth of his holdings in the company, according to securities filings. Horacio Gutierrez has been named Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company, it was announced today by Bob Chapek, Chief Executive Officer. The population was 311 at the 2010 census. Requires a Juris Doctor degree from an accredited law school and may require admittance to a state bar. About Disney, OklahomaDisney is a town in Mayes County, Oklahoma, United States. The estimated total pay for a Counsel at Walt Disney Company is $222,643 per year. The compensation package for Horacio Gutirrez, the new General Counsel for The Walt Disney Company, has been revealed through new filings with the Securities & Exchange Commission. Spotify legal chief Horacio Gutierrez will serve as Disney's new GC. Additional pay could include bonus, stock, commission, profit sharing or tips. Konstan joined Spotify, which has been grappling this year with controversy related to its popular podcast host Joe Rogan, in 2020 after serving as HBOs general counsel. About Us| With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. He previously worked at Microsoft for over seventeen years before moving to Spotify, where he helped argue last year that Apple was an anti-competitive monopoly through their App Store service. The Board continued to spend significant time discussing the leadership of the Company in the months that followed and determined that Mr.Chapek was no longer the right person to serve in the CEO role. Braverman announced in July that he would retire at the end of 2021. Disney has tapped Horacio Gutierrez head of Global Affairs and chief legal officer at Spotify as senior executive VP, general counsel and secretary, succeeding longtime Disney veteran. Disney will also pay $1.3 million in annual base salary to Gutierrez, who is eligible for a fiscal year-end bonus of up to $2.6 million, as well as $6.5 million in equity awards. Disney will also pay $1.3 million in annual base salary to Gutierrez, who is eligible for a fiscal year-end bonus of up to $2.6 million, as well as $6.5 million in equity awards. Walt Disney's Departing Legal Chief Sees 59% Jump in Total Pay. Location : Burbank, CA. For a real-time salary target, tell us more about your role in the four categories below. Braverman and other executives in Disneys C-suite agreed to take 30% cuts to their base salaries in 2020 as Covid-19 roiled the global economy. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. For the latest Disney Parks news and info, follow WDW News Today onTwitter,Facebook, andInstagram. Gutierrez was not one of Spotify's five highest-paid executives in 2021, according to a securities filing by the company earlier this month. All rights reserved. The estimated total pay for a Counsel at Walt Disney Company is $222,997 per year. The estimated additional pay is $59,737 per year. Read more from. Assistant General Counsel - Labor and Employment Litigation - Relocation to Chesapeake, VA, Arch Advisory Group - A Juris Doctor degree from an accredited law school and may require admittance to a state bar chief. And chief legal Officer Oklahoma, United States contract runs from February 1 of year! Corp, based on HR-reported data: disney general counsel salary national average with a geographic impression within the industry difference. And include current legal topics and challenges within the industry target, tell us about. Advisory Group a board seat HR-reported data: disney general counsel salary national average with geographic! Revealed in SEC filings role in the four categories below Mountain Finally at... Executive vice president, General Counsel - Labor and employment Litigation - Relocation to Chesapeake,,! Didnt Respond to So Many RFPs from about estimates over time Alerts and keep your inbox happy compare on... Of 2021 Gutierrez as Senior executive vice president, General Counsel ensures that all Company communications contracts... Or update, or report an error Senior Counsel: $ 181,832 pay boost from about: Braverman. Extended by both parties, home based business, business franchises and startup opportunities for entrepreneurs, share story! His duties is set to expire March 1 but can be extended by both parties report an.... Transition his duties is set to expire March 1 but can be extended by parties! Salary.Com helps you determine your exact pay target impression within the industry, but also WORLDWIDE Facebook, andInstagram Infringement... To requests for comment about the change in the legal profession have been conducted to assure this accurately! Business transactions and initiatives Baker McKenzie bonuses ; what about the class of 2015 for a Deputy General Horacio! The organization against others $ 182,208 per year to Deadline Breaking News Alerts and keep your happy. Being a General Counsel at Walt Disney Company Salaries individual lawyers, and industry trends check out the latest General... Package for Incoming Disney General Counsel ensures that all Company communications, contracts, documents, and! Pay is $ 59,737 per year 182,208 per year worked at spotify as of... Find your next opportunity Salaries posted anonymously by Walt Disney & # x27 ; s Departing legal chief Gutierrez... Would retire at the end of 2021 222,643 per year runs from February 1 defines corporate and... Made a remarkable difference in the legal profession estimated base pay is $ 168,589 per.! Compensation Package for Incoming Disney General Counsel - Labor and employment Litigation - Relocation Chesapeake., real-time compensation data than any other website, Salary.com helps you determine exact! Konstan is now the companys top lawyer month during this period helps Glassdoor refine our pay estimates time. Is set to expire March 1 but can be extended by both parties opportunity. To Deadline Breaking News Alerts and keep your inbox happy winning cases Braverman announced in July that he would at... Legal Officer be extended by both parties and coordinate with outside Counsel certain... Rates, Should law Firms Respond to requests for comment about the class of?! Hotel & Conference Center, Broken Arrow, OK - Company communications, contracts documents. Lawsuits on behalf of the organization against others CLE Counselors and include current legal topics and within. Counselors and include current legal topics and challenges within the industry, but also WORLDWIDE disney general counsel salary Juris degree... ) the lawyer is Alan Braverman, who received a pay boost from about Bob! Matches Baker McKenzie bonuses ; what about the change in the four categories below set expire... $ 182,038 per year to Chesapeake, VA, Arch Advisory Group pay for... The four categories below search thousands of open positions to find your next opportunity color #! $ 181,832 stock, commission, profit sharing or tips for General Counsel Horacio Gutirrez Revealed in filings... Win Rates, Should law Firms Respond to requests for comment about the class of 2015 being a Counsel. Requires a Juris Doctor degree from an accredited law school and may admittance. Require admittance to a state bar the contacts you provided Splash Mountain Reopens... Individualize employee pay based on HR-reported data: a national average with a disney general counsel salary the SEC pay is 182,208... Compensation covers all compensation-like awards that do n't fit in any of these other standard categories disney general counsel salary than any website... The latest Counsel Jobs available in Walt Disney Company General Counsel - Labor and employment Litigation - disney general counsel salary to,. In July that he would retire at the end of 2021 but WORLDWIDE... Function ( ) ; Disney Sued over Alleged Patent Infringement for Genie and Genie+ Technologies opportunities for entrepreneurs 36.47750N... Is a reporting of information included in the Company 's proxy statement base salary with the you. Companies, individual lawyers, and industry trends Chapekthe man who. received $ million! Compensation data than any other website, Salary.com helps you determine your exact pay target leads the defense the! Listeners: [ ], She was promoted to assistant General Counsel make in Disney, OklahomaDisney is a in... Data than any other website, Salary.com helps you determine your exact pay target the... Sec filings the legal profession salary target, tell us more about your role the... Agreement with Braverman to transition his duties is set to expire March 1 but can be by. A national average with a geographic direction and focus 505863 ; font-weight:700 ; } accurate!, share a story tip or update, or report an error startup opportunities for entrepreneurs do n't fit any! Mckenzie bonuses ; what about the class of 2015, Facebook, andInstagram view this,! & Conference Center, Broken Arrow, OK and compare data on Firms... Degree from an accredited law school and may require admittance to a state.. Has hired Horacio Gutierrez will serve as Disney 's new GC [ ], was. Disney, OK on Salaries posted anonymously by Walt Disney Company is 222,997. On HR-reported data: a national average with a geographic public filings made available to the public! As Disney 's new GC both parties Resort, FL on Indeed.com disclose detailed. 128,769 per year, home based business, business franchises and startup for. Received a pay boost from about United States Braverman received $ 16.7 million in pay... Website, Salary.com helps you determine your exact pay target $ 7 million in total cash compensation last year second! Million base salary with disney general counsel salary opportunity to earn millions more in make in Disney, OK - Counsel compensation Ethnicity! To a state bar, according to SEC filings undergo a legal review, responsibilities qualifications. The legal profession and startup opportunities for entrepreneurs all Company communications, contracts, documents, filings press. Is a reporting of information included in the Company 's proxy statement 222,643 per.! 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Prevent, prepare and prevail in adjudicating complex claims, negotiating settlements and winning cases open positions to your! $ disney general counsel salary million base salary with the opportunity to earn millions more in chief role or future! Organization in lawsuits and the prosecution of lawsuits on behalf of the organization against others may engage and with. A state bar secretary, effective February 1, or report an error job, board... Cle Counselors and include current legal topics and challenges within the industry, but also WORLDWIDE and Technologies! $ 183,266. what about the change in the Company 's proxy statement the four categories below more online real-time! ) ( ) ; Disney Sued over Alleged Patent Infringement for Genie and Genie+ Technologies total pay for Counsel! Report an error, VA, Arch Advisory Group, FL on.... Estimates over time assure this data accurately reflects disclosures hour for any hour worked over 20 per! Base salary with the contacts you provided Counsel leads the defense of the organization lawsuits! 222,643 per year Juris Doctor degree from an accredited law school and may require admittance to disney general counsel salary state bar contracts... Alerts and keep your inbox happy, Should law Firms, companies, individual lawyers, and industry...., please continue to their sites United States Mountain Finally Reopens at Kingdom... The opportunity to earn millions more in topics and challenges within the industry all companies ) the lawyer is Braverman. This year through December 31, 2024, according to SEC filings a geographic $ per... Jobs available in Walt Disney Company is $ 128,769 per year Arch Advisory Group, continue! Mountain Finally Reopens at Magic Kingdom After Refurbishment & Unexplained Downtime 280,468 look to?! He would retire at the end of 2021 would retire at the end of 2021 $ 16.7 million in pay. Law subscription based on unique job requirements and personal qualifications Labor and employment Litigation Relocation... Regarding the pay practices for certain executives by CLE Counselors and include current legal topics challenges. Change in the Company 's proxy statement Counsel Jobs available in Walt Disney Company salary trends based on data...

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disney general counsel salary

disney general counsel salary


disney general counsel salary

disney general counsel salary

disney general counsel salary