Alan Diaz, AP
FILE - This June 1, 2017, file photo, shows a Walmart sign at a store in Hialeah Gardens, Fla. Walmart says it will pay about $16 billion for a majority stake in India’s leading e-commerce company Flipkart, giving the world’s largest retailer a formidable presence in a fast-growing economy. (AP Photo/Alan Diaz, File)

SALT LAKE CITY — A new company filing from Walmart revealed that the company’s CEO Doug McMillon earned $22.8 million in the last fiscal year, which finished Jan. 31.

Meanwhile, the median employee earned $19,177 in the same fiscal year, meaning the CEO earned 1,118 times the median worker, according to CNN.

McMillon’s pay increase is a 2 percent jump from last year.

Walmart has about 2.3 million employees across the globe, which includes both full- and part-time workers.

Walmart spokesman Randy Hargrove told CNN the company has made strides to improve employee wages, including raising the minimum wage to $11 an hour.

"It's about moving people beyond entry-level jobs by giving associates clearer career paths, skills-based training and more control of their schedule," Hargrove said.

Other major companies revealed their CEO’s earnings to shed light about pay disparity within individual companies.

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For example, Macy’s CEO earned $11.1 million in the last fiscal year, which was 806 times higher than the median employee. And at Gap, the CEO earned $15.6 million, which was 2,900 times the median employee, according to CNN.

Meanwhile, Amazon revealed Monday that Amazon CEO Jeff Bezos earned $1.7 million in cash compensation, which is 59 times more than company employees earned (Amazon employees have a median salary of $31,099). Bezos’ base salary sits at $81,840, according to the Observer.

According to economists Dean Baker and Jessica Schieder, company shareholders don’t care about enormous pay differences. In fact, the report said a chief executive’s pay isn’t tied to the CEO’s value within the company.