2026 data Public-data reference. official source

Joby Aviation, Inc.

Open-data reference.

Transportation Equipment · DE · FY2023
CEO-to-Worker Pay Ratio
24:1
Below Average (Scale: 0–1000:1)
CEO Pay
$172K
Median Worker
$171,598
Compensation Pillar

CEO compensation breakdown — pay ratio 24× median worker (Dodd-Frank §953(b) disclosure)

CompensationBase salaryBonusEquityPerksPension
CEO compensation breakdown — pay ratio 24× median worker (Dodd-Frank §953(b) disclosure)

Joby Aviation, Inc., a transportation equipment company, reported a CEO-to-worker pay ratio of 24:1 in FY2023. CEO received total compensation of $172K, while the median employee earned $171,598 annually. This is below the Transportation Equipment industry median of 164:1 across 51 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.

CEO Compensation Breakdown — FY2023

Detailed breakdown not available.

CEO compensation components for Joby Aviation, Inc. in fiscal year 2023 as disclosed on SEC EDGAR Form DEF 14A.
Component Amount (USD)
Base Salary
Bonus
Stock Awards
Option Awards
Non-Equity Incentive Plan
Pension Value Change
Other Compensation
Total Compensation$172K

Source: SEC EDGAR Form DEF 14A — CIK 1819848, FY2023 Summary Compensation Table.

Industry Comparison — Transportation Equipment

This Company's Ratio
24:1
Industry Median Ratio
164:1
Industry Median CEO Pay
$7.2M
This CEO's Pay
$172K
Companies in Industry
51
vs. Industry Median
Below
View all companies in Transportation Equipment →

Understanding This Pay Ratio

Joby Aviation, Inc.'s CEO-to-worker pay ratio of 24:1 means that earned 24 times more than the company's median employee in FY2023.

The median employee at Joby Aviation, Inc. earned $171,598 annually. At that wage, it would take a median employee approximately 24 years to earn what the CEO earned in a single year.

CEO Total Pay

$172K

FY2023 Summary Compensation

Pay Ratio

24:1

Below typical industry median

Disclosure Transparency

1.0/5

Limited pay component reporting

Pay-Versus-Performance Disclosure

Under 17 CFR §229.402(v) (the Pay-Versus-Performance rule effective for fiscal years ending after December 16, 2022), issuers must reconcile Compensation Actually Paid (CAP) to Total Shareholder Return (TSR) over a multi-year window. The chart below visualizes the relationship between Joby Aviation, Inc.'s reported CAP and TSR for FY2023.

Pay vs Performance — FY2023 (Dodd-Frank §953(a) PvP disclosure)

TSR (%)0CAP realized ($M)0.171598CAP granted ($M)0.171598
Pay vs Performance — FY2023 (Dodd-Frank §953(a) PvP disclosure)

Pay Composition

Equity-based pay (stock + options) 0.0%
Performance-linked (incentive + bonus) 0.0%
Fixed compensation (base salary) 0.0%

ISS QualityScore and Glass-Lewis voting guidelines weight performance-linked share of pay. The CII (Council of Institutional Investors) recommends ≥50% of CEO pay be tied to multi-year performance metrics.

What This 2023 Filing Tells Us About Joby Aviation, Inc.

According to the 2023 DEF 14A proxy statement filed with the SEC, Joby Aviation, Inc. (, CIK 1819848) reported CEO 's total compensation at $172K. That figure is an aggregate of base salary (N/A). The median employee at the firm — the reference point mandated by Section 953(b) of the Dodd-Frank Act — earned $171,598 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 24:1 that this page tracks.

Context matters when reading this ratio. Joby Aviation, Inc. operates in the Transportation Equipment sector and is headquartered in DE. Across the Transportation Equipment industry (SIC 37), 51 SEC-reporting companies disclosed pay ratios in FY2023, with a median of 164:1 and an average of 218:1. Median industry CEO pay was $7.2M, so Joby Aviation, Inc.'s $172K sits at or below that typical figure. That comparison is the fastest way to separate "the CEO is paid like peers" from "this company is an outlier."

Finally, a note on what these SEC numbers do and do not include. Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more — or less — depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year. This proxy was filed on 2024-04-25; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.

Key Data — FY2023

CEO
Total Compensation
$172K
Base Salary
N/A
Median Employee Pay
$171,598
Pay Ratio
24:1
Filing Date
2024-04-25

Company Info

Ticker
CIK
1819848
Industry
Transportation Equipment
SIC Code
3721
State
DE
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with official SEC filings at sec.gov.

Frequently Asked Questions

What is the CEO pay ratio at Joby Aviation, Inc.?
Joby Aviation, Inc.'s CEO-to-worker pay ratio is 24:1. CEO null earned $172K in FY2023, while the median employee earned $171,598.
How much does Joby Aviation, Inc.'s CEO earn?
null, CEO of Joby Aviation, Inc. (null), earned total compensation of $172K in fiscal year 2023, according to SEC proxy filings.
How does Joby Aviation, Inc.'s pay ratio compare to its industry?
Joby Aviation, Inc.'s pay ratio of 24:1 is below the Transportation Equipment industry median of 164:1. The industry has 51 companies reporting pay ratios.
Where does Joby Aviation, Inc.'s CEO pay data come from?
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. Companies are required by the Dodd-Frank Act to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates this publicly available data for easy comparison.
What is included in null's total compensation?
Total compensation of $172K includes base salary, stock awards, option awards, non-equity incentive plan compensation, pension value changes, and other compensation as reported in the proxy filing summary compensation table.
How long would it take a median Joby Aviation, Inc. employee to earn the CEO's pay?
At a median salary of $171,598, it would take the typical Joby Aviation, Inc. employee approximately 24 years to earn what CEO null earned in a single year ($172K in FY2023).
All federal data sources used on this page

Related

Data sourced from $official public datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay Editorial