How Amphenol Pays
Amphenol publishes no global grade map, so this report prices a B0 to B10 ladder from plant operator to division president across 28 markets, with option-only employee equity vesting 20 percent a year for five years, a $22.35M CEO package at 1,188:1, and the FY2025 H-1B wage record.
Band Hierarchy
Amphenol describes operating-company general managers, group general managers, division presidents and enterprise officers, but it publishes no universal band, job-grade or title-conversion system. Its 2025 proxy went further and disclosed that the company did not have a global human resources information system when it collected worldwide compensation survey data in the fourth quarter of 2024. The B0 to B10 ladder below is a research normalisation used to compare public evidence across roughly 150 decentralised businesses, not an Amphenol grade architecture.
Production ladder — B0 through B1
Professional and technical ladder — B2 through B6
Management ladder — B7 through B9
Executive
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- Amphenol has never published a Band 1 to N or Grade A to Z architecture, and its decentralised acquisition model makes inherited local titles likely to persist for years after a deal closes.
- The January 2026 CCS acquisition added roughly 20,000 employees. No public grade, title or benefit harmonisation schedule was found for that population or for earlier acquisitions.
- Peer level mapping is interpretive. Amphenol confirms no equivalence to TE Connectivity, Molex, Aptiv, Eaton, Hubbell or Sensata levels, so every peer row here is an analyst judgement.
- The two research bundles used different ladder shapes, a twelve-band B0 to B11 scheme and a nine-level L0 to L8 scheme. Both are analytical; this report follows the twelve-band scheme because its city calibration is complete.
- Only the corporate officer, division president, chief executive and non-employee director tiers correspond to titles Amphenol itself discloses. Everything below B10 is inferred from public postings and salary submissions.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| B0 | Operator / Intern / Apprentice | Operator and entry plant grades at TE Connectivity, Molex and Aptiv | Amphenol confirms no peer level mapping. Plant titles are inherited from acquired businesses and statutory wage structures, so a Nogales operator and a Sidney assembler share a research band but almost nothing else.Modeled from the Wallingford US manufacturing curve. No routine equity is evidenced at this band and no site-level plan schedule is published. |
| B1 | Technician / Graduate Trainee / Associate | Technician and graduate entry grades across the interconnect peer set | An Amphenol Commercial Air posting for a Design Engineer in Sidney, New York ran $62,354 to $85,000, which straddles this band and the next depending on which business is hiring.Modeled from the Wallingford curve and cross-checked against employer postings in the low-cost upstate New York sites. Local cash or shift incentives are more likely here than equity. |
| B2 | Engineer I / Analyst / Specialist I | Engineer I and analyst grades at TE Connectivity, Molex, Aptiv and Sensata | Crowdsourced United States engineer ranges of $97,000 to $135,000 sit above this anchor because they aggregate several years of experience and several businesses into one title.Anchored on Glassdoor, Indeed and Levels.fyi United States engineer observations, then calibrated to the Wallingford geography. No published minimum equity threshold applies at this band. |
| B3 | Engineer II / Specialist II | Engineer II and experienced professional grades in the interconnect peer set | Public process-engineer ranges of $93,000 to $125,000 and program-manager ranges of $119,000 to $164,000 overlap this band, so title alone does not fix the level.Anchored on United States crowdsourced engineer and process-engineer records. Isolated retention awards may exist but no routine grant is evidenced. |
| B4 | Senior Engineer / Senior Specialist | Senior engineer and senior specialist grades across the peer set | Signal-integrity engineers are the largest single Amphenol visa title cluster, with eleven 2026 records running $105,000 to $155,000 on a $140,000 median, which brackets this anchor closely.Anchored on United States senior-engineer salary records and cross-checked against the 2026 signal-integrity and field-applications visa wage clusters. |
| B5 | Staff Engineer / Technical Lead / Supervisor | Staff engineer, lead engineer and first-line supervisor grades | Field-applications engineer records of $138,460 to $175,000 and the $175,000 Bothell applications-engineer filing sit at or just above this band, reflecting customer-facing premiums.Anchored on United States lead and staff engineering records. Normally cash-compensated in this model; official option eligibility is not banded by Amphenol. |
| B6 | Principal Engineer / Architect / Manager | Principal engineer and functional manager grades across the peer set | This is the first band where a selective option grant becomes plausible, but Amphenol publishes no threshold, so the 250-option median is an analytical estimate rather than a policy.Base anchored on United States manager and principal-engineer records; equity is a modeled 250-option median valued at the $39.40 Q2 2026 average grant-date fair value. |
| B7 | Senior Manager / Functional Head | Senior manager and plant leadership grades in the interconnect peer set | The $170,000 Wallingford Senior Manager, Internal Audit visa record and the $130,000 Wallingford Special Project Manager record bracket the lower half of this band.Base anchored on United States senior-manager records; equity is a modeled 2,000-option median at $39.40. This is where equity first becomes a material share of the package. |
| B8 | Director / Business-Unit Functional Director | Director and site leadership grades across the peer set | Public director estimates exist for Amphenol but no uniform company range, and the decentralised structure means a director at a $200 million business and one at a $2 billion business share a title only.Base modeled on the Wallingford director curve; equity is a modeled 8,000-option median at $39.40, at which point equity becomes the majority of total compensation. |
| B9 | General Manager / Group GM / Vice President | Vice president and operating-unit leadership grades in the peer set | A 2025 Meriden, Connecticut General Manager visa record at $209,090 sits close to the modeled base anchor, but general-manager scope varies enormously across roughly 150 businesses.The entrepreneurial operating-leader population. Base is modeled; equity is a modeled 35,000-option median at $39.40, with actual size driven by salary, prior awards and responsibility-unit scope. |
| B10 | Division President / SVP / EVP | Named executive officer tier at TE Connectivity, Aptiv, Hubbell, Eaton and Sensata | Directly disclosed rather than modeled. FY2025 non-CEO named executive salaries ran $600,000 to $815,000 and totals $5.17m to $6.53m, so the $750,000 base median sits inside the actual proxy range.Base and bonus reconcile to the 2026 proxy Summary Compensation Table for the four non-CEO named executives; equity is a modeled 120,000-option median at $39.40, against actual 2026 grants of 70,690 to 133,161 options at a $132.06 strike. |
Critical evidence warning
Nothing in this ladder is an Amphenol salary band, offer, promise or internal grade. Bands B2 through B5 are anchored on employee-submitted and third-party salary records for the United States; bands B6 through B9 are modeled; band B10 reconciles to the proxy Summary Compensation Table. Ranges vary by subsidiary, product group, plant, union or award coverage, shift, specialty, security clearance, territory, performance and acquisition history.
Compensation by Band — Wallingford, CT
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Wallingford, CT. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| B0 | Operator / Intern / Apprentice 0-1 years · modeled | $37K – $51K | 2% | $45K $38K – $52K | — |
| B1 | Technician / Graduate Trainee / Associate 0-2 years · modeled | $51K – $69K | 4% | $62K $53K – $72K | — |
| B2 | Engineer I / Analyst / Specialist I 1-4 years · reported | $71K – $97K | 6% | $89K $76K – $102K | — |
| B3 | Engineer II / Specialist II 3-7 years · reported | $85K – $115K | 8% | $108K $92K – $124K | — |
| B4 | Senior Engineer / Senior Specialist 5-10 years · reported | $100K – $136K | 10% | $130K $110K – $149K | — |
| B5 | Staff Engineer / Technical Lead / Supervisor 7-12 years · reported | $119K – $161K | 12% | $157K $133K – $180K | — |
| B6 | Principal Engineer / Architect / Manager 9-15 years · modeled | $136K – $184K | 15% | $194K $165K – $223K | $10K |
| B7 | Senior Manager / Functional Head 12-18 years · modeled | $162K – $219K | 20% | $307K $261K – $353K | $79K |
| B8 | Director / Business-Unit Functional Director 15-22 years · modeled | $191K – $259K | 25% | $596K $507K – $686K | $315K |
| B9 | General Manager / Group GM / Vice President 18-28 years · modeled | $255K – $345K | 35% | $1.78M $1.52M – $2.05M | $1.38M |
| B10 | Division President / SVP / EVP 20+ years · verified | $638K – $863K | 80% | $6.08M $5.17M – $6.99M | $4.73M |
Total Compensation Range by Band
Total compensation in Wallingford, CT across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.
Global Footprint & Pay Arbitrage
Amphenol operates roughly 150 businesses across at least 15 countries and does not publish headcount by city. The 28 markets below are the ones the research bundles calibrated, anchored on the Wallingford, Connecticut headquarters. Where the second bundle could not re-verify a requested city in the corporate business directory, that is recorded in the presence column rather than hidden.
Office and market catalogue — calibration factors versus Wallingford, CT
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Wallingford, CT United States · USD | Corporate headquarters, enterprise functions and executive leadership | Official corporate headquarters address in SEC filings | 1.00× | 1.00× |
Nashua, NH United States · USD | Applications, design and customer engineering with the deepest visa wage record | Named worksite on Amphenol and Amphenol TCS labour condition applications | 1.05× | 1.05× |
Mesa, AZ United States · USD | Engineering, manufacturing and customer-facing roles in a mid-cost US metro | Appears in an Amphenol employer job posting | 0.95× | 0.95× |
Sidney, NY United States · USD | Aerospace manufacturing and design engineering in a low-cost US geography | Amphenol Commercial Air job postings and Indeed location page | 0.86× | 0.86× |
Endicott, NY United States · USD | Manufacturing and engineering sharing the upstate New York pay geography | Plausible operation, not independently re-verified in the second bundle's directory pass | 0.86× | 0.86× |
Bangalore India · INR | Engineering, product development and shared functions at a premium to the India reference | Amphenol FCI Bangalore appears in the corporate business directory | 0.06× | 0.06× |
Pune India · INR | Engineering and manufacturing, used as the India reference market | Amphenol Interconnect Pune appears in the corporate business directory | 0.06× | 0.06× |
Chennai India · INR | Manufacturing and engineering at a modest discount to the Pune reference | Not separately verified in the corporate business directory pass | 0.05× | 0.05× |
Shenzhen China · CNY | Large electronics manufacturing and engineering market, the top of the China curve | Amphenol China operations listed in the corporate business directory | 0.28× | 0.28× |
Guangzhou China · CNY | Manufacturing, engineering and commercial reference for southern China | Amphenol China operations listed in the corporate business directory | 0.26× | 0.26× |
Xiamen China · CNY | Electronics manufacturing and engineering at a discount to the Pearl River Delta | Amphenol China operations listed in the corporate business directory | 0.23× | 0.23× |
Changzhou China · CNY | Manufacturing-heavy lower-cost benchmark in the Yangtze River Delta | Amphenol China operations listed in the corporate business directory | 0.22× | 0.22× |
Ciudad Juárez Mexico · MXN | Large maquiladora engineering and manufacturing market on the Texas border | Not independently verified in the corporate directory pass | 0.13× | 0.13× |
Nogales Mexico · MXN | Border manufacturing operations feeding the US aerospace and industrial businesses | Appears in an Amphenol Aerospace job posting | 0.13× | 0.13× |
Reynosa Mexico · MXN | Border manufacturing operations at the bottom of the Mexico curve | Not independently verified in the corporate directory pass | 0.12× | 0.12× |
Whitstable United Kingdom · GBP | Manufacturing, design engineering and site functions in south-east England | Whitstable and several other UK businesses appear in the corporate directory | 0.77× | 0.77× |
Nottingham United Kingdom · GBP | Engineering and operating roles at a regional discount to the south-east | Not independently verified in the corporate directory pass | 0.72× | 0.72× |
Munich Germany · EUR | High-cost engineering and commercial market, the only city above the Wallingford anchor on base | Requested market, not independently verified in the corporate directory pass | 1.05× | 1.05× |
Heilbronn Germany · EUR | Industrial and automotive engineering and cable-assembly manufacturing | Heilbronn appears in the Amphenol cable-assemblies business directory | 0.91× | 0.91× |
Thyez France · EUR | Manufacturing and engineering in Haute-Savoie, carrying the highest modelled benefit load | Thyez appears in the Amphenol cable-assemblies business directory | 0.80× | 0.80× |
Brno Czech Republic · CZK | Central European engineering and manufacturing hub between the euro and Asia curves | Requested market, city-level salary evidence not verified in the second bundle | 0.47× | 0.47× |
Sydney Australia · AUD | Sales, distribution, field applications and regional support for Australasia | The current Amphenol directory identifies Melbourne rather than Sydney for Australia | 1.06× | 1.06× |
Auckland New Zealand · NZD | Sales and support benchmark modelled from the Australian curve | Market model only; no Amphenol New Zealand pay evidence located | 0.81× | 0.81× |
Singapore Singapore · SGD | Regional commercial, supply-chain and engineering hub for South-East Asia | Market model; direct Amphenol Singapore salary data is sparse | 0.64× | 0.64× |
Tokyo Japan · JPY | Commercial, applications and engineering benchmark for Japan | The current Amphenol directory identifies Shiga rather than Tokyo for Japan | 0.53× | 0.53× |
Penang Malaysia · MYR | Electronics manufacturing, tooling and engineering with published job-ad wage anchors | JobStreet Malaysia carries current Amphenol Penang postings | 0.16× | 0.16× |
Ho Chi Minh City Vietnam · VND | Engineering and manufacturing at the bottom of the modelled global base curve | Requested market, city-level salary evidence not verified in the second bundle | 0.10× | 0.10× |
Dubai United Arab Emirates · AED | Middle East commercial and regional-support benchmark with a tax-free senior premium | Market model; no Amphenol UAE pay evidence located | 0.46× | 0.46× |
Amphenol publishes a business directory rather than an office list, and the two research bundles disagreed on several requested cities. Endicott, Nottingham, Munich, Chennai, Ciudad Juárez and Reynosa are plausible operations that the second bundle could not independently re-verify; Sydney and Tokyo are carried as market models because the directory currently points to Melbourne and Shiga. Those rows are useful for planning but should not be cited as confirmed Amphenol sites.
Wallingford, CT anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Total |
|---|---|---|---|---|
| B2 | $84K | $0 | $5K | $89K |
| B3 | $100K | $0 | $8K | $108K |
| B4 | $118K | $0 | $12K | $130K |
| B5 | $140K | $0 | $17K | $157K |
| B10 | $750K | $4.73M | $600K | $6.08M |
- Wallingford, Connecticut is the anchor. It is the corporate headquarters address in Amphenol's SEC filings and the only city where enterprise functions, executive leadership and a visa wage record all coincide.
- Nashua, New Hampshire is the deepest United States evidence outside the headquarters, with thirteen compiled visa wage observations spanning $112,000 at the twenty-fifth percentile to $145,000 at the seventy-fifth, on a $130,000 median.
- Pune is the India reference market at a factor of 1.00 within India, with Bangalore modelled 8 percent above it and Chennai 5 percent below. AmbitionBox carries 128 associate-engineer, 79 quality-engineer, 61 assistant-manager and 46 engineer salary submissions for Pune.
- China is the largest evidenced manufacturing geography and the reason the global pay ratio is so wide. The proxy's 2025 median employee was a direct-labour worker in China on $18,816 of total annual compensation.
- Australia and Japan need care. The current corporate directory points to Melbourne rather than Sydney and to Shiga rather than Tokyo, so those two rows are market models carried for coverage rather than verified Amphenol sites.
Model rules
- Every factor is expressed against the Wallingford anchor. The base factor applies at band B0 and the top base factor at band B10, with every band in between interpolated by seniority.
- Total compensation factors compress much faster than base factors as the ladder rises, because modeled option counts are set centrally in United States dollars and do not scale with local salary. Ho Chi Minh City sits at 10.5 percent of the anchor base at B0 but 85.2 percent of anchor total at B10.
- The research bundle computed total reward as base plus a 12 to 22 percent country benefit load plus cash variable plus option value. That benefit load is employer cost, not pay, and has been stripped from every figure in this report so that base plus bonus plus equity reconciles to the total.
- Options are valued at $39.40, the weighted-average grant-date fair value of the 6,289,205 options granted in the second quarter of 2026. Grant-date fair value is neither cash nor current intrinsic value.
- All share counts, exercise prices and the $158.81 market reference are pre-split. The two-for-one distribution expected on 2 September 2026 will mechanically halve prices and double counts.
- Overtime, shift premiums, sales commission, expatriate allowances and one-time retention awards are excluded unless separately disclosed.
Variable Pay & Annual Cash Incentive
The Management Incentive Plan is Amphenol's only transparent variable-pay programme. For designated participants it pays eligible base earnings multiplied by a target percentage and a responsibility-unit multiplier that runs from 0 to 200 percent, assessed on revenue growth and adjusted operating income or earnings-per-share growth against budget. Participants generally must remain employed and in good standing through year-end, awards are due by 15 March, and recent executive payments landed in January. Below the management population there is no published grid.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
B0 Operator / Intern / Apprentice | 2% of base | Site or role plan below the management programme; shift and attendance premiums are more common than a formal bonus | Not publicly disclosed |
B1 Technician / Graduate Trainee / Associate | 4% of base | Site or role plan; selected Penang postings mention transport, retention, shift and performance bonuses | Not publicly disclosed |
B2 Engineer I / Analyst / Specialist I | 6% of base | Annual site or business plan; designated commercial roles may sit on sales commission instead | Not publicly disclosed |
B3 Engineer II / Specialist II | 8% of base | Annual site or business plan tied to local operating results | Not publicly disclosed |
B4 Senior Engineer / Senior Specialist | 10% of base | Annual site or business plan; first band where a meaningful cash target is typical | Not publicly disclosed |
B5 Staff Engineer / Technical Lead / Supervisor | 12% of base | Annual site or business plan; supervisors carry plant productivity and quality measures | Not publicly disclosed |
B6 Principal Engineer / Architect / Manager | 15% of base | Annual plan; the first band where Management Incentive Plan participation becomes plausible | Not publicly disclosed |
B7 Senior Manager / Functional Head | 20% of base | Management Incentive Plan for designated participants, on business-unit revenue and operating income against budget | Not publicly disclosed |
B8 Director / Business-Unit Functional Director | 25% of base | Management Incentive Plan with a responsibility-unit multiplier of 0 to 200 percent | Not publicly disclosed |
B9 General Manager / Group GM / Vice President | 35% of base | Management Incentive Plan on the leader's own responsibility unit, the core of the entrepreneurial operating model | Not publicly disclosed |
B10 Division President / SVP / EVP | 80% of base for disclosed division presidents, 100% for the CFO | Management Incentive Plan on relevant division revenue and adjusted operating income with a budget adjustment, capped at a 200 percent multiplier | 190 to 200 percent multipliers among the disclosed 2025 named executives |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| R. Adam Norwitt | $2,817,000 | $5,634,000 | 200% multiplier on a 180% target |
| Craig A. Lampo | $730,000 | $1,460,000 | 200% multiplier on a 100% target |
| Luc Walter | $652,000 | $1,304,000 | 200% divisional multiplier |
| William J. Doherty | $600,000 | $1,200,000 | 200% divisional multiplier |
| Peter J. Straub | $480,000 | $912,000 | 190% divisional multiplier |
Employee payout timing and history
Aggregate plan cost is disclosed but cannot be turned into a band average. The plan paid roughly $15 million to about 575 participants for 2023, roughly $38 million to about 615 participants for 2024 at 1.15 percent of adjusted operating income, and $53 million to about 570 participants for 2025 at 0.86 percent. The 2026 target pool is $38 million across about 690 participants. Dividing any of those totals by headcount would be meaningless because division and responsibility-unit dispersion is wide and the named executives absorb a large share.
Sales and special incentives
Sales commissions, project incentives, shift premiums and spot awards exist at business level but no global schedule is published. Selected Amphenol Penang job advertisements mention transport, retention, shift and performance bonuses, which is the clearest public evidence that frontline variable pay is set locally rather than centrally.
Equity — RSUs, PSUs, Options & ESPP
Amphenol's long-term incentive is unusually simple and unusually old. The company says base salary, annual cash incentive and annual stock options have been its core management compensation model for more than 25 years, and the 2026 proxy states that no stock awards are contemplated under the employee option plans or any other employee plan the company administers. Employees receive non-qualified stock options that vest 20 percent a year over five years with ten-year terms; only non-employee directors receive restricted stock, under a separate plan.
- The plan title contains the words Stock Purchase, but current disclosures describe option grants rather than a payroll-deduction employee stock purchase plan. There is no evidenced discounted share-purchase scheme, so it is analysed here purely as an employee option plan.
- Using the 41,258,559 shares still available against the 200 million authorised, about 79.4 percent of the reservation has been consumed or committed historically. That is a capacity calculation, not current dilution and not the same as options outstanding.
- The lowest option-eligible level is not publicly disclosed. Selection is committee-driven and considers salary, prior awards, management contribution and responsibility, so no threshold band can be inferred from filings.
- Do not divide total options granted by recipient count to estimate a typical grant. The May 2025 grant of 7,900,943 options across about 1,170 employees implies an arithmetic mean of roughly 6,752 options, but distribution is heavily skewed towards the executive tier, where single grants run from 70,690 to 464,989.
- All counts and prices are pre-split. The two-for-one distribution expected on 2 September 2026 will double share counts and halve exercise prices without changing economics.
Option plan position at 30 June 2026
Vesting — common reported employee schedule
The verified company schedule is five years, not the four-year assumption common in technology-company templates, and the 2026 proxy confirms that every currently outstanding employee option grant carries it. Options generally have ten-year terms. Death or disability can accelerate vesting subject to service rules, and retirement can receive continued vesting at the compensation committee's discretion under specified age and service thresholds. Five-year vesting plus a ten-year term is what produced the $1.120 billion of intrinsic value exercised in the first half of 2026.
Eligibility by hierarchy level
- Bands B0 through B5 show no evidence of routine grants. Local cash, shift and retention incentives are the more likely long-term reward at those levels.
- Band B6 is the first level where a selective grant becomes plausible, modelled at zero to 1,000 options with a 250-option median, but Amphenol publishes no threshold.
- Bands B7 and B8 are the plausible key-employee population, modelled at 500 to 5,000 and 3,000 to 15,000 options respectively. Awards remain discretionary and are not an entitlement.
- Band B9, the operating-company and group general managers, is the core option population, modelled at 12,000 to 80,000 options, with size driven by salary, prior awards, contribution and scope.
- Band B10 grants are directly disclosed. On 22 May 2026 the named officers received between 70,690 and 133,161 options each at a $132.06 exercise price.
- About 1,170 employees received the principal May 2025 grant against a workforce of more than 170,000. That is the single most useful fact for judging whether a given role is likely to be option-eligible.
Indicative annual grant value by band — Wallingford, CT
| Band | Annual value (USD) | Median | Shares at $158.81 |
|---|---|---|---|
| B6 | $7K – $12K | $10K | ~47–78 |
| B7 | $59K – $99K | $79K | ~372–620 |
| B8 | $236K – $394K | $315K | ~1,489–2,481 |
| B9 | $1.03M – $1.72M | $1.38M | ~6,512–10,854 |
| B10 | $3.55M – $5.91M | $4.73M | ~22,329–37,214 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $158.81 reference price at 2026-08-25 and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
R. Adam Norwitt President and Chief Executive Officer | 464,989 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting, expires 2036; approximately $18.32 million using the Q2 2026 average fair value. The FY2025 grant was 602,344 options with a $14,649,006 grant-date fair value. |
Craig A. Lampo Executive Vice President and Chief Financial Officer | 133,161 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting; approximately $5.25 million of accounting value. His FY2025 option award was valued at $4,195,103. |
Luc Walter Division President | 108,809 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting; approximately $4.29 million. FY2025 option award value was $3,570,760, the same as the other division presidents. |
William J. Doherty Division President | 108,809 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting; approximately $4.29 million, matching Luc Walter's 2026 grant exactly. |
Lance E. D'Amico Executive Vice President, Secretary and General Counsel | 83,020 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting; approximately $3.27 million. He does not appear in the FY2025 Summary Compensation Table, so his salary and incentive are not disclosed. |
David Silverman Executive Vice President, Human Resources | 70,690 options granted 22 May 2026 | $132.06 exercise price, 20 percent annual vesting; approximately $2.79 million. He is likewise absent from the FY2025 Summary Compensation Table. |
Non-employee directors Board | 10,864 restricted shares in Q2 2026 | Granted at about a $132.06 average price for roughly $1.435 million in total, under the separate 2024 Restricted Stock Plan for Directors with a $205,000 annual target value each. |
Executive Compensation
Five named executive officers appear in the FY2025 Summary Compensation Table. The structure is the same for all of them: a modest salary, an annual cash incentive that paid at or near the 200 percent cap, and a stock option award that dominates the total. Option awards were 65.5 percent of the chief executive's reported package and roughly 61 to 69 percent of each division president's.
Reading the package
Salary was 7.0 percent of the reported FY2025 total, the annual cash incentive 25.2 percent and option awards 65.5 percent, with pension change and other compensation making up the remaining 2.3 percent. Because the equity is entirely options rather than restricted stock, none of that 65.5 percent has value unless the share price exceeds the exercise price, and the reported figure is a grant-date accounting value rather than cash received. For 2026 the base rose 5.4 percent to $1,650,000 and the incentive target rose from 180 to 200 percent of base.
Amphenol pays its chief executive the most in this selected set, 22.0 percent above TE Connectivity and about 2.2 times Hubbell. Comparisons use the Summary Compensation Table total rather than compensation actually paid, so they share a metric but not a fiscal year, a one-time award history or a valuation assumption. The Eaton figure carries a transition-year caveat because Paulo Ruiz became chief executive on 1 June 2025. The more interesting difference is structural: Amphenol delivers long-term incentive entirely through options while TE Connectivity, Aptiv and Sensata all use performance share units, which changes both the risk profile and the accounting value for the same economic intent.
Named Executive Officers & Board
Amphenol's decentralised model means most leadership pay is invisible. Roughly 150 operating businesses each have a general manager, and none of their compensation is disclosed. Only the chief executive, the chief financial officer and three division presidents appear in the Summary Compensation Table, although two further executive vice presidents surface in the May 2026 option grant list.
The 2026 salary round took effect in January and shows how Amphenol separates the general increase from targeted moves. Luc Walter's 4.3 percent rise to $850,000 was described in the proxy as in line with the average increase generally given to United States salaried employees, which makes it the closest thing to a disclosed company-wide merit budget. Craig Lampo's 13.0 percent rise to $825,000 and William Doherty's 8.7 percent rise to $815,000 were market and scope adjustments. The chief executive received 5.4 percent to $1,650,000, and Peter Straub 5.0 percent to $630,000.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $115,000 | Base retainer for a non-employee director, increased under the 2025 framework. Committee chair and lead roles add further cash, which is why disclosed cash totals range from $115,000 to $325,000. |
| Annual restricted-share target value | $205,000 | Converted into shares at the grant-date closing price under the 2024 Restricted Stock Plan for Directors. Most full-year directors received 2,360 restricted shares in 2025, vesting on 20 May 2026. |
| Highest 2025 director total | $530,000 | Martin H. Loeffler, Chairman, on $325,000 of cash plus $205,000 of restricted shares. The chairman premium is the largest single differentiator in the board pay table. |
| Typical full-year director total | $340,000 | Rita S. Lane, Robert A. Livingston and Anne Clarke Wolff each received $135,000 of cash plus $205,000 of stock. Nancy A. Altobello received $350,000 and David P. Falck $385,000 on higher cash fees. |
| Q2 2026 director grant | 10,864 restricted shares | Granted at about a $132.06 average price for roughly $1.435 million in total across the board, under a plan with 450,228 shares still available at 30 June 2026. |
| Partial-year example | $43,000 | Edward G. Jepsen received $43,000 of cash and no stock award for a partial year of service, which shows the restricted-share grant is tied to the annual meeting cycle rather than prorated. |
Director equity and employee equity are structurally different at Amphenol. Non-employee directors receive restricted common shares under the 2024 plan, which carry value at any share price, while employees receive options that carry value only above the exercise price. Directors are governance, not an employee band, and their package should not be read as evidence of what any employee level receives.
Regional heads and other officers
Lance E. D'Amico, Executive Vice President, Secretary and General Counsel, and David Silverman, Executive Vice President, Human Resources, received 83,020 and 70,690 options respectively on 22 May 2026 but do not appear in the FY2025 Summary Compensation Table, so their salaries and incentive targets are not publicly disclosed. Compensation for regional heads and operating-company general managers outside the named officers is likewise not publicly disclosed.
Insider Trades — SEC Forms 3/4/5
Amphenol Corporation is NYSE-listed, so SEC Forms 3, 4 and 5 are the primary insider source. The 2026 pattern is dominated by exercise-and-sell transactions on long-dated legacy options struck near $22, which is the arithmetic consequence of five-year vesting, ten-year terms and a share price that reached the $160s before the September split.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-05 | David Silverman Executive Vice President, Human Resources | Sale Exercise and sale at a $21.9950 exercise price, a gross spread of about $18.27 million. The highest sale price recorded in the 2026 window and the last before the split record date. | 120,000 | $174.24 | $20.91M |
| 2026-08-04 | Craig A. Lampo Executive Vice President and Chief Financial Officer | Sale Exercise and sale at a $22.3725 exercise price for a gross spread of about $28.00 million. Gross proceeds are not the same as taxable gain or after-tax realised profit. | 193,200 | $167.31 | $32.32M |
| 2026-07-31 | R. Adam Norwitt President and Chief Executive Officer | Sale Direct holding. Exercise at $22.3725 and sale at a $161.5748 weighted average, a gross spread of about $69.60 million. Form 4 prices may be weighted averages across multiple sales. | 500,000 | $161.57 | $80.79M |
| 2026-07-31 | R. Adam Norwitt Family Trust Chief executive related trust | Sale Indirect holding, reported the same day as the direct sale. The two lines together generated approximately $110.99 million of gross proceeds. | 186,104 | $162.27 | $30.20M |
| 2026-05-22 | R. Adam Norwitt President and Chief Executive Officer | Award Annual option grant, vesting 20 percent a year and expiring in 2036. Value shown uses the $39.40 Q2 2026 average grant-date fair value, not the market price. | 464,989 | $132.06 | $18.32M |
| 2026-05-05 | R. Adam Norwitt President and Chief Executive Officer | Sale Exercise and sale at a $22.3725 exercise price for a gross spread of about $2.11 million, the smallest of the three May transactions. | 17,500 | $143.21 | $2.51M |
| 2026-05-04 | R. Adam Norwitt President and Chief Executive Officer | Sale Exercise and sale at a $22.3725 exercise price for a gross spread of about $6.25 million. | 52,203 | $142.04 | $7.41M |
| 2026-05-01 | R. Adam Norwitt President and Chief Executive Officer | Sale Exercise and sale at a $22.3725 exercise price for a gross spread of about $7.42 million, the first of the three consecutive May exercise days. | 61,072 | $143.90 | $8.79M |
Reading guide
Benefits & Perks
Amphenol publishes no global benefits handbook. What exists is a sustainability page describing example programmes, a handful of operating-business careers pages, statutory entitlements in each country and employee reports. A benefit advertised by one of roughly 150 businesses is not proof of a worldwide entitlement, so every row below is labelled with what actually supports it.
United States
- Retirement — Defined-contribution plan with a match up to 7 percent for covered plans. The majority of United States employees are on defined-contribution rather than pension plans. Amphenol recorded $25.5 million of United States matching contributions in the first half of 2026 against $18.9 million in the same period of 2025. The match formula is not uniform across every business. [Verified for covered plans]
- Health — Medical, dental, vision, life, disability and AD&D cover. Advertised by selected Amphenol businesses on their own careers pages and confirmed as categories by employee reports. The provider, premium share, health savings account design and deductible structure are not disclosed as a single policy across the portfolio. [Reported at business level]
- Time off and family — Paid time off, sick leave, paid holidays and parental leave. Employee reports confirm the categories exist. No paid-time-off day matrix, accrual schedule or parental-leave duration is published, and they are expected to differ by business and by state. [Reported at business level]
- Development and flexibility — Tuition support, internal careers and flexible or hybrid work at selected sites. Advertised by individual businesses such as Amphenol PCD. Manufacturing roles are on-site by nature, so flexibility applies mainly to engineering, commercial and corporate populations. [Reported at business level]
- Wellbeing — Employee assistance programme and wellness initiatives. Listed among the example programmes on the corporate people page and on individual business careers pages. Eligibility and monetary value are not published. [Reported at business level]
Global programs
- Wellbeing — Clinics, counselling and employee assistance, vaccination, dental, fitness and nutrition programmes. Listed as examples on the corporate people page. These are illustrations of what individual businesses run, not a uniform global entitlement, and neither eligibility nor monetary value is published. [Company examples only]
- Flexibility — Flexible hours, work from home and part-time arrangements. Cited as examples at corporate level and advertised by selected businesses. With more than 170,000 employees concentrated in manufacturing, these apply to a minority of the workforce. [Company examples only]
- Family — Childcare and lactation support and paid parental leave examples. Cited among corporate examples with the explicit caveat that eligibility varies by company and country. No global minimum parental-leave duration is published. [Company examples only]
- Pay equity — No global adjusted gender pay gap figure or band-level pay equity audit. Amphenol publishes people, inclusion and wellbeing information but neither research bundle located an adjusted pay gap figure or a level-by-level pay equity review. [Not publicly disclosed]
- Mobility — No global relocation, expatriate or assignment policy. With roughly 150 businesses and no global human resources information system as of the 2024 survey, mobility terms are expected to be negotiated at business level. Nothing is published. [Not publicly disclosed]
Benefit fields not publicly quantified
The single largest benefits gap is that Amphenol publishes no group-wide provider, coverage amount, premium share, paid-time-off matrix or vesting schedule for any country. The 2025 proxy's admission that the company had no global human resources information system when it ran its worldwide pay survey explains why: benefits are administered business by business. Treat anything sourced to one operating company's careers page as evidence about that business only.
Performance Review & Pay Progression
Amphenol's compensation calendar is visible at the top and opaque below it. January carries executive salary changes and the prior year's incentive payments, the first quarter sets annual goals and responsibility-unit measures, May is the main option-grant cycle around the annual meeting, and the plan deadline for the prior year's payout is 15 March. Everything about how individual performance is rated is not publicly disclosed.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| B0 | 0.5-2 years to B1 | Not disclosed | Modeled planning interval |
| B1 | 1-3 years to B2 | Not disclosed | Modeled planning interval |
| B2 | 2-4 years to B3 | Not disclosed | Modeled planning interval |
| B3 | 2-4 years to B4 | Not disclosed | Modeled planning interval |
| B4 | 2-4 years to B5 | Not disclosed | Modeled planning interval |
| B5 | 2-5 years to B6 | Not disclosed | Modeled planning interval |
| B6 | 2-5 years to B7 | Not disclosed | Modeled planning interval |
| B7 | 3-6 years to B8 | Not disclosed | Modeled planning interval |
| B8 | 3-7 years to B9 | Not disclosed | Modeled planning interval |
| B9 | Role-driven to B10 | Not disclosed | Modeled planning interval |
| B10 | Succession-driven | Not disclosed | Modeled planning interval |
The modelled intervals are market heuristics rather than company disclosures: roughly 0.5 to 2 years from B0 to B1, 1 to 3 years to B2, then 2 to 4 years through B3, B4 and B5, 2 to 5 years through B6 and B7, 3 to 6 years to B8, 3 to 7 years to B9, and role-driven movement into B10. Amphenol publishes no time-in-grade expectation, and in a portfolio of roughly 150 businesses the speed of progression is governed far more by the growth of the individual operating company than by any central framework.
Pay progression evidence
Modelled promotion increases run 5 to 15 percent from B0 to B1, 8 to 18 percent to B2, 8 to 15 percent through B3 and B4, 10 to 18 percent to B5, 10 to 20 percent through B6 and B7, 12 to 25 percent to B8, 15 to 30 percent to B9 and 15 to 35 percent into B10. The far larger step is not in base pay but in equity: total compensation rises almost six times between B7 and B9 in the anchor city because option value scales with scope, while base pay only rises about 58 percent across the same two steps.
H-1B / LCA Visa Footprint — United States
Public labour condition application datasets list Amphenol Corporation and Amphenol TCS, a division of Amphenol, as separate sponsors, and other datasets fold in Amphenol FCI USA and Amphenol Advanced Sensors as well. That entity fragmentation is the single biggest caveat on every number below. Labour condition application certifications are Department of Labor outcomes, not USCIS petition approvals, and the wage is base salary only.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| h1bdata.info, Amphenol Corporation, 2025 | 9 wage records, $90,237 median | Direct employer wage records for the parent entity only. Not a USCIS approval denominator. |
| H1BGrader, Amphenol Corporation, FY2025 | $110,118.50 median, $125,010.83 average, $70,008 minimum, $209,090 maximum | Consistent with the six-record direct-parent reconstruction built in the second research bundle. |
| MyVisaJobs, Amphenol TCS, 2023 to 2025 | 15 certified in 2025 at a $118,487 average; 11 certified in 2024 at $124,182; a $129,270 average in 2023 | Entity-specific counts and averages. Wages fell year on year even as the parent's rose, which is a mix effect rather than a pay cut. |
| Ellis, Amphenol Corporation, 2026 | $115,000 median and $121,327 average across a multi-record sample | Title and location observations with entity-matching caution; the sample may not be the complete employer-year universe. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Nashua, NH Compiled Amphenol and Amphenol TCS observations; entity-name fragmentation limits the exact count. | $112K | $130,000 | $145K | 13 |
Wallingford, CT Observed 2025 records at the corporate headquarters; small sample. | $84K | $108,000 | $140K | 4 |
Etters, PA Amphenol TCS worksite; small sample. | $105K | $110,000 | $120K | 3 |
Bothell, WA A single 2026 applications-engineer record, the highest engineering wage in the sampled set. | $175K | $175,000 | $175K | 1 |
Meriden, CT A single 2025 General Manager record for Amphenol Corporation, the highest wage of any title observed. | $209K | $209,000 | $209K | 1 |
Chandler, AZ A single 2025 help desk record, the lowest wage of any title observed. | $70K | $70,000 | $70K | 1 |
All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.
Selected title / worksite records
| Title | Worksite | Proffered wage | Notes |
|---|---|---|---|
| Signal integrity engineer | Multiple United States sites | $105,000 to $155,000, median $140,000 | Eleven 2026 records, the largest single title cluster in the sampled set and a close match to the B4 anchor band. |
| Field applications engineer | Multiple United States sites | $138,460 to $175,000, median $150,000 | Three records. Customer-facing engineering carries a visible premium over design engineering at comparable experience. |
| Applications engineer | Bothell, WA | $175,000 | A single 2026 record and the highest engineering wage observed, reflecting the Seattle-area market rather than an Amphenol level. |
| Senior Manager, Internal Audit | Wallingford, CT | $170,000 | A 2025 corporate headquarters record that brackets the lower half of the B7 band anchor. |
| General Manager | Meriden, CT | $209,090 | A 2025 record close to the modelled B9 base anchor of $300,000 but well below it, which shows how wide general-manager scope is across roughly 150 businesses. |
| Product Design Engineer | Nashua, NH | $90,237 | A 2025 record sitting between the B2 and B3 anchors once the Nashua location premium is applied. |
| Special Project Manager | Wallingford, CT | $130,000 | A 2025 headquarters record. Project and program management titles overlap two research bands, so title alone does not fix the level. |
| Help Desk role | Chandler, AZ | $70,008 | The lowest observed 2025 wage, which anchors the bottom of the sponsored population well above the B0 and B1 production bands. |
Reading the data correctly
- Labour condition application certification by the Department of Labor is not the same as USCIS petition approval, and no defensible approval rate across Amphenol entities was found.
- Sponsor entity scope changes the answer. Amphenol Corporation and Amphenol TCS file separately, and broader aggregators fold in Amphenol FCI USA and Amphenol Advanced Sensors, producing filing counts that cannot be compared directly.
- Proffered wages are base salary only. They exclude the Management Incentive Plan, any stock option value and all benefits, so they understate total compensation for anyone in the option-eligible population.
- Sample sizes are small. Four of the six worksites above rest on one to four records, so percentile figures should be read as observations rather than distributions.
- Visa wages describe sponsored roles only, which skew towards engineering and management. They say nothing about the production and technician bands that make up the bulk of Amphenol's United States manufacturing workforce.
Key Nuances & Insights
Amphenol runs roughly 150 operating businesses and told investors it did not have a global human resources information system when it collected worldwide compensation survey data in the fourth quarter of 2024. Local operating-company leadership and responsibility-unit economics matter far more than any visible global grade grid, and publishing one would overstate how much standardisation actually exists.
Employee long-term incentive is option-led, with five-year ratable vesting and ten-year terms, and the proxy states plainly that no stock awards are contemplated under the employee plans. That gives direct share-price leverage and no downside protection, which is a materially different risk profile from the restricted stock units that dominate the technology sector.
About 1,170 employees received the principal May 2025 grant against a workforce of more than 170,000, and the core management compensation population is roughly 1,300. Anyone assessing an Amphenol offer should treat equity as a possibility tied to a key-employee designation, not as a standard component of the package.
Grant-date fair value, intrinsic value and exercise spread answer different questions. The chief executive's $14,649,006 FY2025 option award is an accounting estimate, while his July 2026 exercises realised roughly $110.99 million of gross proceeds on options struck years earlier at about $22. Neither number is the other.
A 1,188 to 1 global ratio is not a statement about executive restraint relative to peers; it is what happens when a company keeps low-cost manufacturing in house rather than outsourcing it. The 2025 median employee was a direct-labour worker in China on $18,816. The 335 to 1 United States ratio is the more meaningful domestic comparison.
The CCS acquisition closed on 12 January 2026 and added approximately 20,000 employees with their own inherited titles, benefits and payroll practices. No public harmonisation schedule exists for that population or for earlier deals, so title-to-level inference is least reliable in recently acquired businesses.
Equivalent professional bands cost several times more in the United States, Australia or Western Europe than in India, China, Mexico, Malaysia or Vietnam. That is a local market effect. Amphenol publishes no onshore or offshore multiplier, and the proxy describes salaries as reflecting local market and geography.
Base pay in Ho Chi Minh City sits at about 10.5 percent of the Wallingford anchor at the most junior band and 33.2 percent at division-president scope. Total compensation runs from the same 10.5 percent to 85.2 percent, because option counts are set centrally in United States dollars and do not scale with local salary at all.
The $53 million paid across about 570 participants in 2025 masks enormous division and responsibility-unit dispersion, and the five named executives alone absorbed $10.51 million of it. Dividing the pool by headcount would produce a number with no meaning.
A benefit advertised by one Amphenol business is not proof of a worldwide entitlement. The only group-level benefits facts that survive scrutiny are the $25.5 million of first-half 2026 United States retirement matching contributions and the statement that most United States employees are on defined-contribution rather than pension plans.
The two-for-one split was announced on 6 August 2026 with a 17 August record date and distribution expected 2 September. Every share count, exercise price and the $158.81 market reference in this report is pre-distribution, so comparing them against post-split filings without adjusting one side will be wrong by exactly a factor of two.
Public datasets do not identify hire type, exact scope, performance history or prior grant history. One India employee review alleged that lateral hires enter at higher title and pay and that annual increases rarely exceed 8 percent, but that is a single low-confidence anecdote and not company policy.
Research control
Against TE Connectivity, Aptiv, Sensata, Hubbell and Eaton, Amphenol pays its chief executive the most in the selected set, 22.0 percent above TE Connectivity and about 2.2 times Hubbell, while using the simplest instrument. Its peers deliver long-term incentive through performance share units with relative or absolute performance conditions; Amphenol uses plain non-qualified options with a time-vesting condition only. The practical consequence for a candidate comparing offers is that an Amphenol grant has no floor, a longer vesting tail at five years rather than three or four, and a ten-year window in which to realise appreciation.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| Verified | Amphenol SEC filings, plan documents, company releases and statutory authorities | Treat as disclosed as of the source date. Covers executive and director compensation, the pay ratio, option pool mechanics, plan terms, headcount and Management Incentive Plan governance. |
| Reported | Employee-submitted salary sites, employer job advertisements and Department of Labor wage records | Directional only. Sample size, self-selection and title-matching limits apply, and a Glassdoor or AmbitionBox range is not equivalent to an audited Amphenol salary band. |
| Modeled | A normalised framework calibrated to verified and reported anchors and converted at one FX snapshot | Planning estimate only. Not an official salary band, not an offer and not a grant promise. Bands B6 through B9 and every non-anchor city rest primarily on this class. |
| Not publicly disclosed | No reliable public evidence located in either research bundle | Do not infer a policy from absence. Amphenol's decentralised structure makes it likely that many of these items vary by business rather than being centrally set and unpublished. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1The two research bundles used different ladder shapes. The first built a twelve-band B0 to B11 scheme with complete city calibration; the second built a nine-level L0 to L8 scheme and declined to publish city ranges at all. This report follows the twelve-band scheme because only it carries the location factors, and omits its B11 chief executive row from the band ladder because a single global figure cannot be scaled by a city factor; the chief executive is covered in full in the executive section instead.
- 2The bundles disagree on the FX snapshot. Both are dated 25 August 2026 but the first uses 95.714 rupees, 0.733579 pounds and 1.67958 New Zealand dollars per United States dollar while the second uses 95.3594, 0.733115 and 1.67336. This report uses the first bundle's rates throughout because its location tables were built on them; conversions differ by under half a percent.
- 3The research bundle computed total reward as base plus a 12 to 22 percent country benefit load plus cash variable plus option value. That load is employer cost rather than pay and has been stripped from every figure here, so anchor totals in this report are 11 to 18 percent below the bundle's published totals at junior bands. Base plus bonus plus equity now reconciles exactly to the total shown.
- 4The bundles disagree on the peer set. The first cites Aptiv at $19.250 million and Sensata at $12.588 million; the second cites Hubbell at $10.346752 million and Eaton at $7.923677 million. All are carried here. The Aptiv and Sensata rows name no individual executive in either source, so no name is asserted.
- 5The bundles disagree on the chief executive's FY2025 option grant. The first records 464,989 options granted on 22 May 2026 under the 2026 cycle; the second records 602,344 options for the FY2025 grant with a $14,649,006 grant-date fair value. Both are consistent because they describe different grant years, but the distinction is easy to lose.
- 6Bands B6 through B9 and every equity figure below the named executive tier are modelled option counts multiplied by the $39.40 average grant-date fair value from the second quarter of 2026. Amphenol discloses no grant range by level, so these are the least reliable figures in the report and should not be treated as an entitlement.
- 7The second bundle could not independently re-verify Endicott, Nottingham, Munich, Chennai, Ciudad Juárez or Reynosa in the corporate business directory, and found that the directory points to Melbourne rather than Sydney and to Shiga rather than Tokyo. Those eight rows are carried for coverage with the discrepancy recorded in their presence field.
- 8Production and technician bands B0 and B1 are calibrated on the same city factors as the professional bands, but Amphenol's frontline manufacturing population is governed by statutory wage structures, union or award coverage and shift premiums that this model does not capture. The $18,816 China median employee is the only company-sourced datapoint for that population anywhere in the filings.
- 9H-1B entity fragmentation is unresolved. Amphenol Corporation and Amphenol TCS file separately and broader aggregators include Amphenol FCI USA and Amphenol Advanced Sensors, so the parent median of $110,119 and the h1bdata parent median of $90,237 describe overlapping but different record sets.
- 10No consolidated post-CCS headcount was published. The ~170,000 figure is at 31 December 2025 and the approximately 20,000 CCS employees joined on 12 January 2026, so the current total is higher by an amount Amphenol has not confirmed.
FX rates used — 1 USD equals, snapshot 2026-08-25
Single-date conversion layer for comparability; it ignores payroll-date FX, tax, purchasing power, benefits valuation and hedging. Compensation intelligence, not legal, tax, investment, immigration or employment advice.
Source register — 18 sources
| S1 | 2026 Definitive Proxy Statement, DEF 14A · Amphenol Corporation via SEC EDGAR · 2026 filing. Management compensation model, Management Incentive Plan mechanics, option plan terms, executive and director compensation, headcount and the pay ratio. |
| S2 | Form 10-Q for the quarter ended 30 June 2026 · Amphenol Corporation via SEC EDGAR · 2026-06-30. Option pool and activity, restricted director shares, stock compensation cost, exercised intrinsic value and United States retirement plan matching. |
| S3 | FY2025 Form 10-K and full-year results release · Amphenol Corporation · 2026-01-28. FY2025 sales of about $23.1 billion and operating context for the Management Incentive Plan outcome. |
| S4 | 2025 Definitive Proxy Statement · Amphenol Corporation via SEC EDGAR · 2025 filing. FY2024 pay ratio comparatives and the disclosure that the company had no global human resources information system for its 2024 pay survey. |
| S5 | 2024 and 2023 Management Incentive Plan exhibits · Amphenol Corporation via SEC EDGAR · 2023 and 2024. Eligibility conditions, the 15 March payout deadline and the 0 to 200 percent multiplier cap. |
| S6 | SEC Forms 4 for R. Adam Norwitt, Craig A. Lampo and David Silverman · SEC EDGAR · May to August 2026. Exercise and sale transactions, exercise prices, weighted-average sale prices and the 22 May 2026 executive option grants. |
| S7 | Two-for-one stock split and Q3 2026 dividend release · Amphenol Corporation · 2026-08-06. Split announcement, 17 August record date and the 2 September 2026 distribution date that makes every share figure here pre-split. |
| S8 | CCS acquisition completion release · Amphenol Corporation · 2026-01-12. Approximately 20,000 employees joining Amphenol, with no published harmonisation programme. |
| S9 | ADC India Communications open offer announcement · Amphenol Corporation · 2026-01-15. SEBI SAST mandatory open offer terms, classified here as a corporate transaction rather than employee equity. |
| S10 | Amphenol careers, Our People and business directory pages · Amphenol Corporation · Accessed 2026-08-26. Approximately 150 businesses, workforce scale, example wellbeing and flexibility programmes, and the location verification pass. |
| S11 | Amphenol PCD and Amphenol Commercial Air careers pages and job postings · Amphenol operating businesses · March to August 2026. Illustrative United States benefits at one business and the Sidney, New York Design Engineer posting at $62,354 to $85,000. |
| S12 | Glassdoor, Levels.fyi and Indeed Amphenol salary pages · Third-party salary platforms · Accessed 2026-08-26. United States and United Kingdom employee-reported anchors for bands B2 through B5. |
| S13 | AmbitionBox Amphenol FCI Bangalore and Amphenol Interconnect Pune pages · AmbitionBox · 2025 to 2026. India salary submissions by title and the employee-reported India benefits and review evidence. |
| S14 | JobStreet Malaysia Amphenol postings · JobStreet · Accessed 2026-08-26. Penang trainee, technician and engineer monthly wage anchors and the transport, retention, shift and performance allowance evidence. |
| S15 | h1bdata.info, H1BGrader, MyVisaJobs and Ellis Amphenol records · Third-party LCA aggregators over Department of Labor data · 2023 to 2026. Visa wage medians, averages, city percentiles and title clusters for Amphenol Corporation and Amphenol TCS. |
| S16 | TE Connectivity, Aptiv, Sensata, Hubbell and Eaton 2026 proxy statements · SEC EDGAR · 2026 filings. Peer chief executive Summary Compensation Table totals and their long-term incentive instrument mix. |
| S17 | RBA, ECB, RBI and market cross-rate references · Central banks and market data · 2026-08-25. The single FX snapshot used for every conversion in this report. |
| S18 | Fair Work Ombudsman, Australian Taxation Office, EPFO and India Ministry of Labour · Government authorities · Accessed 2026-08-26. Statutory leave, the 12 percent superannuation guarantee from 1 July 2025, provident fund and gratuity frameworks. |
Recent News & Workforce Trend
The compensation-relevant events of the past year are dominated by three things: a very large realisation of long-dated employee options, the January 2026 CCS acquisition that added roughly 20,000 people without any published pay harmonisation, and a two-for-one stock split that will mechanically restate every share figure in this report from 2 September 2026.
Amphenol publishes no headcount by city, no consolidated attrition rate and no three-year median-remuneration series, so workforce analysis has to rest on the two pay-ratio medians and the aggregate totals above. The absence of an attrition figure is notable for a company of this size and is recorded as not publicly disclosed rather than estimated.
Record date 17 August with distribution expected 2 September 2026, alongside the third-quarter dividend. Option counts and exercise prices will be mechanically adjusted with no change to economics, but every share figure in this report and in filings before September is pre-split and must not be mixed with later ones.
David Silverman exercised at $21.9950 and sold at a $174.2373 weighted average for about $20.91 million gross and an $18.27 million spread, the highest sale price in the 2026 window and the last insider transaction before the split record date.
R. Adam Norwitt exercised and sold 500,000 shares directly at a $161.5748 weighted average and 186,104 through a family trust at $162.2712, both against a $22.3725 exercise price. Gross proceeds are not the same as taxable gain, and the spread reflects appreciation on options granted years earlier.
6,289,205 options granted at a $132.37 weighted-average exercise price and a $39.40 average grant-date fair value, 41,258,559 shares still available, 86,011,251 options outstanding at a $44.82 average strike, and $522.4 million of unrecognised cost over 3.87 years.
The chief executive received 464,989 options expiring in 2036, and the other disclosed officers received between 70,690 and 133,161 each, all vesting 20 percent a year over five years. Non-employee directors separately received 10,864 restricted shares worth about $1.435 million.
A mandatory SEBI SAST open offer for up to 1,196,000 shares, 26.0 percent of voting capital, at 1,233.59 rupees for a maximum consideration of 1,475,373,640 rupees, tendered 2 to 17 April 2026. It is a corporate transaction, not employee equity.
Approximately 20,000 employees joined Amphenol. No public title, grade or benefit harmonisation programme was announced, which means the acquired population's pay architecture is unknown and likely to remain inherited for some time.
Across roughly 570 participants, equal to 0.86 percent of adjusted operating income, with named executive multipliers mostly at the 200 percent cap and Peter Straub at 190 percent. The 2026 target pool is $38 million across about 690 participants.
The chief executive moved 5.4 percent to $1,650,000 with his incentive target rising from 180 to 200 percent. Luc Walter's 4.3 percent rise was described as in line with the average increase generally given to United States salaried employees, while Craig Lampo took 13.0 percent and William Doherty 8.7 percent as market and scope adjustments.
7,900,943 options at an $86.88 exercise price, with a further 390,360 options granted to selected employees during the year at prices between $69.01 and $141.55. Against a workforce of more than 170,000, that is the clearest measure of how selective Amphenol equity is.