How Becton Dickinson Pays
Becton Dickinson's B1 to B12 normalized band ladder, priced across 30 markets alongside the 50/25/25 performance unit, SAR and time-vested unit mix disclosed for vice president and above, a $17.13M CEO package at 374:1, and 173 FY2025 H-1B filings.
Band Hierarchy
BD publishes no enterprise grade catalogue. The B1 to B12 ladder is a research normalization built from official BD posting ranges, public titles and stated experience requirements; only the vice president and above equity framework, one Job Group 6 director requisition, the J-G9 executive severance threshold and the named executive officer tiers are BD disclosures.
Professional and technical ladder — B1 through B7
Leadership ladder — B8 through B10
Executive and board — B11 through Board
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- BD job postings expose a rich title ladder covering Engineer I, II and III, Senior, Staff, Senior Staff, Principal, Associate Principal, Manager, Senior Manager, Associate Director, Director, Senior Director, Vice President, Senior and Executive Vice President and chief executive, but no primary source maps every function into one enterprise grade table.
- Two genuine internal grade labels exist in public filings. A current Franklin Lakes Director, Global Sales Incentive Compensation posting is labelled Job Group 6 and reports to a vice president, and the 2026 Executive Severance Plan defines a covered executive as an employee assigned job level J-G9. Neither publishes the sequence between them, so mapping B1 to B12 onto those codes would be speculation.
- The crosswalk is most reliable for engineering, quality and regulatory roles in the United States, the United Kingdom, Ireland, Switzerland, Poland and Canada, where BD publishes statutory posting ranges, and least reliable for commercial and manufacturing roles in markets with no posted range.
- BD has integrated CareFusion and Bard and, in February 2026, separated Biosciences and Diagnostic Solutions into Waters. No completed global grade-harmonization map for the legacy entities is public, so any specific legacy-grade conversion would be unsupported.
- The non-management director row is a governance package rather than an employment band and is excluded from the range chart, as are the two executive rows.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| B1 | Associate / Operator / Trainee | Medtronic, Stryker and Baxter plant associate grades | No public BD to peer grade crosswalk exists; medical-device peers publish no operator band table either.Midpoint of the $35,000 to $48,000 United States planning range in the research bundle; BD publishes no operator posting range. |
| B2 | Technician / Analyst I / Engineer I | Peer entry professional and technician grades | Directional only. BD has never published a peer equivalence table and the research bundles caution against one.Midpoint of the $48,000 to $68,000 United States planning range; the second bundle models an overlapping $70,000 to $100,000 Engineer I range, which is preserved as a known gap. |
| B3 | Engineer II / Analyst II / Specialist | Peer experienced professional grades | Directional only. Function and country move the same title materially inside BD's own posting ranges.Midpoint of official BD postings for Systems Engineer 2 at $75,800 to $121,300 and Electrical Component Engineer II at $83,500 to $133,500. |
| B4 | Senior Engineer / Senior Scientist / Senior Specialist | Peer senior professional grades | Directional only. BD blends a first-line supervisor role into the same pay zone as a senior individual contributor.Midpoint of official BD postings for Senior Bioinformatics Scientist at $95,900 to $153,400 and Senior Design Quality Engineer at $110,200 to $176,400. |
| B5 | Staff Engineer / Principal Engineer / Manager | Peer staff engineer and first-line manager grades | Directional only. The individual contributor and people-management paths sit inside one pay zone at this level.Midpoint of the official BD Principal Systems Engineer posting at $124,700 to $205,800; a Franklin Lakes Senior Staff Engineer posting anchors the same zone at $168,600 to $269,800. |
| B6 | Senior Staff / Associate Principal / Senior Manager | Peer senior manager and architect grades | Directional only. BD's posted ranges for this zone span more than $90,000, so a single title is not a grade.Midpoint of the official BD Senior Manager, Manufacturing posting at $154,100 to $246,600. |
| B7 | Principal / Lead Architect / Associate Director | Peer principal and associate director grades | Directional only. The associate director title is a leadership role in some functions and a senior individual contributor role in others.Midpoint of the official BD Associate Director, Engineering posting at $183,800 to $294,100; the second bundle anchors the same zone at $157,700 to $260,400. |
| B8 | Director / Senior Technical Leader | Peer director grades | Directional only. One current BD Director requisition is labelled Job Group 6, but that marker cannot be generalised to every director worldwide.Midpoint of the official Franklin Lakes Director, Global Sales Incentive Compensation posting at $192,000 to $307,200, the only BD posting that also names an internal job group. |
| B9 | Senior Director / Enterprise Leader | Peer senior director grades | Directional only. BD names no fellow or distinguished-engineer tier in any public posting reviewed.Midpoint of the official BD Senior Director, Quality Systems posting at $220,300 to $352,500. |
| B10 | Vice President / Area Vice President | Peer vice president grades | BD confirms the vice president and above equity design but publishes no vice president pay range, so base and bonus here are modeled from the gap between the senior director posting and named-executive salaries.Modeled midpoint of a $250,000 to $500,000 planning range; the first bundle's vice president long-term incentive value is not disclosed and is therefore carried at zero. |
| B11 | Executive Vice President / Segment President | Named executive officers at Medtronic, Stryker, Abbott and Baxter | An average of the four non-chief-executive FY2025 named executive officers, not a range for every executive vice president at BD.Mean of the FY2025 Summary Compensation Table rows for DelOrefice, Byrd, Feld and Garrison; equity combines the stock award and SAR award columns and other combines pension change and all other compensation. |
| B12 | Chairman, Chief Executive Officer and President | Medtronic, Stryker, Abbott, Baxter and Boston Scientific chief executives | FY2025 Summary Compensation Table value; grant-date accounting value is not realized pay and one-year totals are not a steady-state cost.FY2025 proxy Summary Compensation Table for Thomas E. Polen; equity combines $9,991,854 of stock awards and $3,311,861 of SAR awards, other combines a $236,700 pension change and $341,251 of all other compensation. |
| Board | Non-management Director | Large-cap United States medical technology boards | The standard cash retainer plus the annual restricted stock unit target; committee chair and lead director retainers sit on top and the employee chair receives no director pay.FY2025 proxy director compensation program; actual FY2025 totals for continuing directors ran from $335,172 to $375,172. |
Critical evidence warning
Becton Dickinson does not publish salary bands, minimums, midpoints or a target-bonus grid for ordinary employees anywhere in the world. The official posting ranges used as anchors are role-specific legal disclosures, not corporate grades, and every band label in this report is a research normalization. Use these figures for orientation and calibrate against live requisitions before any offer decision.
Compensation by Band — Franklin Lakes
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Franklin Lakes. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| B1 | Associate / Operator / Trainee 0–2 years · modeled | $35K – $48K | — | $42K $35K – $48K | — |
| B2 | Technician / Analyst I / Engineer I 1–4 years · modeled | $49K – $67K | 3% | $60K $51K – $69K | — |
| B3 | Engineer II / Analyst II / Specialist 3–6 years · verified | $89K – $120K | 5% | $110K $93K – $126K | — |
| B4 | Senior Engineer / Senior Scientist / Senior Specialist 4–9 years · verified | $116K – $157K | 8% | $147K $125K – $169K | — |
| B5 | Staff Engineer / Principal Engineer / Manager 6–12 years · verified | $140K – $190K | 10% | $182K $155K – $209K | — |
| B6 | Senior Staff / Associate Principal / Senior Manager 8–15 years · verified | $166K – $225K | 13% | $221K $188K – $254K | — |
| B7 | Principal / Lead Architect / Associate Director 10–18 years · verified | $197K – $267K | 15% | $267K $227K – $307K | — |
| B8 | Director / Senior Technical Leader 12–20 years · verified | $217K – $293K | 20% | $306K $260K – $352K | — |
| B9 | Senior Director / Enterprise Leader 15–25 years · verified | $243K – $329K | 25% | $358K $304K – $412K | — |
| B10 | Vice President / Area Vice President 18–28 years · modeled | $319K – $431K | 40% | $525K $446K – $604K | — |
| B11 | Executive Vice President / Segment President 20+ years · verified | $667K – $902K | 95% | $4.26M $3.62M – $4.89M | $2.61M |
| B12 | Chairman, Chief Executive Officer and President 25+ years · verified | $1.19M – $1.60M | 150% | $17.13M $14.56M – $19.70M | $13.30M |
| Board | Non-management Director Senior executive or clinical leadership background · verified | $102K – $138K | — | $335K $285K – $385K | $215K |
Total Compensation Range by Band
Total compensation in Franklin Lakes across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.
Global Footprint & Pay Arbitrage
BD reported about 72,000 associates in 61 countries before the February 2026 Waters separation and describes the continuing company as having more than 60,000 employees. Franklin Lakes is the pay anchor; every other market is calibrated against the Franklin Lakes median using the two research bundles' own location indices.
Office and market catalogue — calibration factors versus Franklin Lakes
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Franklin Lakes United States · USD | Global headquarters, enterprise, commercial, research and corporate leadership | Official BD careers location | 1.00× | 1.00× |
San Diego United States · USD | Research, software, diagnostics and product engineering | Official BD careers location | 1.05× | 1.05× |
Sparks United States · USD | Diagnostics, operations and engineering campus in Maryland | Official BD careers location | 0.94× | 0.94× |
Research Triangle Park United States · USD | Research, software and life-sciences functions in North Carolina | Official BD careers location | 0.92× | 0.92× |
Salt Lake City United States · USD | Sandy campus operations, engineering and customer functions | Official BD careers location | 0.89× | 0.89× |
Covington United States · USD | Manufacturing, distribution and quality site in Georgia | Official BD careers location | 0.85× | 0.85× |
Columbus United States · USD | One of BD's largest manufacturing footprints, in Nebraska | Official BD careers location | 0.79× | 0.79× |
Bangalore India · INR | Technology, engineering and shared-services centre | Official BD careers location | 0.22× | 0.22× |
Gurugram India · INR | India corporate, commercial and shared-service hub | Official BD careers location | 0.21× | 0.21× |
Mumbai India · INR | Commercial and regional leadership | Regional coverage | 0.21× | 0.21× |
Winnersh United Kingdom · GBP | United Kingdom commercial and regional functions at Wokingham | Official BD careers location | 0.69× | 0.69× |
Plymouth United Kingdom · GBP | Manufacturing, engineering and operations | Official BD careers location | 0.62× | 0.62× |
Drogheda Ireland · EUR | Manufacturing, engineering and quality | Official BD careers location | 0.64× | 0.64× |
Limerick Ireland · EUR | Manufacturing and engineering | Official BD careers location | 0.67× | 0.67× |
Eysins Switzerland · CHF | EMEA regional headquarters and senior leadership | Official BD careers location | 1.00× | 1.00× |
Heidelberg Germany · EUR | Commercial, technical and regional functions | Official BD careers location | 0.68× | 0.68× |
Grenoble France · EUR | Le Pont-de-Claix manufacturing, research and operations | Official BD careers location | 0.63× | 0.63× |
San Agustín del Guadalix Spain · EUR | Manufacturing, engineering and distribution | Official BD careers location | 0.54× | 0.54× |
Vianen Netherlands · EUR | Commercial and regional functions | Official BD careers location | 0.69× | 0.69× |
Tatabánya Hungary · HUF | Manufacturing and operations | Official BD careers location | 0.38× | 0.38× |
Wrocław Poland · PLN | Digital, shared services and operations | Official BD careers location | 0.39× | 0.39× |
Singapore Singapore · SGD | Asia Pacific regional, commercial and Tuas manufacturing functions | Official BD careers location | 0.64× | 0.64× |
Shanghai China · CNY | China commercial, regional and corporate hub | Official BD careers location | 0.39× | 0.39× |
Tokyo Japan · JPY | Japan headquarters, commercial and corporate functions | Official BD careers location | 0.64× | 0.64× |
Mississauga Canada · CAD | Canada commercial and corporate hub | Official BD careers location | 0.75× | 0.75× |
Cuautitlán Mexico · MXN | Manufacturing, distribution and operations | Official BD careers location | 0.27× | 0.27× |
São Paulo Brazil · BRL | Latin America commercial and regional leadership | Official BD careers location | 0.30× | 0.30× |
Sydney Australia · AUD | Australia headquarters at North Ryde, commercial and service | Official BD careers location | 0.81× | 0.81× |
Dubai United Arab Emirates · AED | Middle East regional commercial hub | Regional coverage | 0.61× | 0.61× |
Auckland New Zealand · NZD | New Zealand commercial and service functions | Regional coverage | 0.70× | 0.70× |
BD discloses total workforce and broad global presence rather than audited city headcount, so this catalogue does not rank offices by employee count. BD country careers pages have described particularly large associate populations in Mexico, Central America and the Caribbean at about 16,000, Germany, Switzerland and Austria above 2,000, Brazil at about 1,600 and India and South Asia above 1,500, but those pages can lag restructurings and are directional only.
Franklin Lakes anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Other | Total |
|---|---|---|---|---|---|
| B3 | $105K | $0 | $5K | — | $110K |
| B4 | $136K | $0 | $11K | — | $147K |
| B5 | $165K | $0 | $17K | — | $182K |
| B6 | $196K | $0 | $25K | — | $221K |
| B7 | $232K | $0 | $35K | — | $267K |
| B8 | $255K | $0 | $51K | — | $306K |
| B9 | $286K | $0 | $72K | — | $358K |
| B11 | $784K | $2.61M | $596K | $262K | $4.26M |
| B12 | $1.40M | $13.30M | $1.85M | $578K | $17.13M |
| Board | $120K | $215K | $0 | — | $335K |
- The Franklin Lakes column is the anchor. B3 through B9 medians are the midpoints of official BD posting ranges published for United States requisitions, which is a stronger evidence base than the crowdsourced anchors most technology reports rely on.
- B1 and B2 have no official BD posting range in either bundle, so their anchors are the midpoints of the bundles' planning ranges and are marked modeled.
- B10 has a disclosed equity design but no disclosed pay range, so its base and bonus are modeled from the gap between the senior director posting midpoint and the lowest named-executive salary.
- B11 and B12 are proxy disclosures shown for comparison only. They are global executive values and must not be read as a local pay range in any selected city.
- India calibrates at roughly 21 to 22 percent of the Franklin Lakes anchor across the whole employee ladder. Because BD discloses no equity value below vice president, that ratio does not narrow at senior bands the way it does at an equity-heavy technology employer.
Model rules
- Every modeled cell is the Franklin Lakes median multiplied by the city calibration factor and then by the 25 August 2026 foreign-exchange snapshot.
- Factors are the mean of the two research bundles' location indices after rebasing the first bundle's United States reference scale, which places Franklin Lakes at 1.05, onto a Franklin Lakes anchor of 1.00.
- Base and total factors are identical for every city because a total compensation cell is base plus target variable pay only, and the target percentage does not vary by location in either bundle.
- The first bundle computes a total compensation planning range by applying a multiplier of 1.08 to 2.45 that folds in a notional employer benefit load and an assumed equity factor. That loading is employer cost rather than pay and has been stripped: every total here is rebuilt from base plus target bonus plus disclosed equity so the components reconcile.
- No level-dependent compression factors are applied. Both bundles apply one flat market index to the whole employee ladder, so inventing a junior-to-senior spread would misstate the sources.
Variable Pay & Annual Cash Incentive
BD discloses its executive Performance Incentive Plan in unusual detail and discloses nothing about the employee bonus grid. The named-executive targets, scorecard weights and payout factors below are company disclosures; the band targets are planning assumptions carried over from the research bundles and are not BD plan targets.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
B1 Associate / Operator / Trainee | 0% of base | No routine annual incentive evidenced at operator level; local plant or shift premiums may apply. | Not publicly disclosed |
B2 Technician / Analyst I / Engineer I | 3% of base | Planning assumption only; role, function and country vary. | Not publicly disclosed |
B3 Engineer II / Analyst II / Specialist | 5% of base | Planning assumption only; role, function and country vary. | Not publicly disclosed |
B4 Senior Engineer / Senior Scientist | 8% of base | Current BD postings state that an annual bonus may be included, but no target percentage is published. | Not publicly disclosed |
B5 Staff Engineer / Principal Engineer / Manager | 10% of base | Current BD postings state that an annual bonus may be included, but no target percentage is published. | Not publicly disclosed |
B6 Senior Staff / Senior Manager | 13% of base | Current BD postings state that an annual bonus may be included, but no target percentage is published. | Not publicly disclosed |
B7 Principal / Associate Director | 15% of base | Current BD postings state that an annual bonus may be included, but no target percentage is published. | Not publicly disclosed |
B8 Director / Senior Technical Leader | 20% of base | Planning assumption. The second research bundle models 30 percent at director level, which is preserved as a known gap. | Not publicly disclosed |
B9 Senior Director / Enterprise Leader | 25% of base | Planning assumption. The second research bundle models 40 percent at senior director level. | Not publicly disclosed |
B10 Vice President / Area Vice President | 40% of base | Vice president incentive and long-term incentive architecture is confirmed, but the target percentage is not published. | Not publicly disclosed |
B11 Executive Vice President / Segment President | 90% to 100% of base | Executive Performance Incentive Plan; a corporate scorecard factor multiplied by a committee-set individual factor. | 85% corporate factor for FY2025, or about 76.5% for two named executives |
B12 Chairman, Chief Executive Officer and President | About 150% of annualized salary | Executive Performance Incentive Plan; a corporate scorecard factor multiplied by a committee-set individual factor. | 85% of a $2,178,835 target, paying $1,852,010 for FY2025 |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| Thomas E. Polen | $2,178,835 | $1,852,010 | 85% corporate, 100% individual |
| Christopher J. DelOrefice | $850,000 | $722,500 | 85% corporate, 100% individual |
| Richard E. Byrd | $697,500 | $592,875 | 85% corporate, 100% individual |
| Michael C. Feld | $697,500 | $533,588 | 85% corporate, 90% individual |
| Michael D. Garrison | $697,500 | $533,588 | 85% corporate, 90% individual |
Employee payout timing and history
BD publishes no workforce-wide target-bonus schedule, no payout calendar and no employee payout percentage by grade for any year. Current postings sometimes state that an annual bonus and a potential discretionary long-term incentive are included, but they establish no universal target. The 85 percent FY2025 factor applies to the executive plan only and should not be read as a companywide multiplier.
Sales and special incentives
Sales compensation is a separate system at BD and a large one. A current Franklin Lakes director role exists specifically to govern global sales incentive standards across a sales force of roughly 5,500 people, with regions and business units retaining local execution. BD discloses no quota structures, commission rates, accelerators or draw arrangements, so quota-carrying sellers in this model carry the same modeled target as their level peers, which will understate their on-target earnings.
Equity — RSUs, PSUs, Options & ESPP
BD is a New York Stock Exchange issuer, so employee equity means performance units, stock appreciation rights and time-vested units under one omnibus plan rather than an Indian-style employee stock ownership plan. The recurring standardized design is disclosed only for vice president and above; below that level legal eligibility is broad but grant prevalence and grant size are not published.
- Before the January 2026 amendment, approximately 6.996 million shares remained available at 30 November 2025, including about 2.637 million shares available for full-value awards, and the disclosed three-year average burn rate was 0.61 percent.
- The proxy reported 7,918,713 shares available under shareholder-approved plans at 30 September 2025 while the FY2025 Form 10-K reported about 8.5 million shares authorized for future grant. Both figures are preserved separately because the filing timing and presentation differ.
- Outstanding awards at the proxy snapshot comprised approximately 4.961 million stock appreciation rights, 1.117 million performance restricted stock units at maximum and 1.891 million time-vested restricted stock units.
- Nine-month FY2026 share-based compensation expense was $204 million against $179 million in the prior-year period, alongside restructuring costs of $605 million against $185 million.
Equity plan capacity and grant activity
Vesting — common reported employee schedule
The three instruments vest on three different clocks, which is the single most important thing to understand about a BD senior-leader grant. Stock appreciation rights vest 25 percent annually over four years and carry a ten-year term, time-vested units vest one third annually over three years, and performance units settle as a single cliff after a three-year performance period once the committee certifies revenue growth, return on invested capital and the relative shareholder return modifier. On retirement unvested SARs generally become exercisable and time-vested units vest in full, while performance units vest pro rata on elapsed period and actual results.
Eligibility by hierarchy level
- The recurring standardized long-term incentive design is disclosed only for vice president and above. Below that level the plan permits grants and current postings mention a potential discretionary long-term incentive, but no threshold grade, grant frequency or grant value is public anywhere in either research bundle.
- Because no grant value is disclosed below executive vice president, every band from B1 to B10 in this report carries zero equity. That is an evidence position, not a claim that directors and vice presidents receive no stock, and it means the totals for those bands understate the package for anyone who is in fact equity eligible.
- Legal eligibility should not be confused with recurring policy. The 2004 Plan lets the Compensation Committee select any employee, which is why a broad reading of the plan text overstates how many associates actually receive an annual grant.
- For associates outside the United States the practical share-ownership route is the Global Share Investment Program rather than an annual award, and its current match rate and country list are not published.
- Observed named-executive grant-date values run from about $1.90 million for a segment president to $13.30 million for the chief executive, and the incoming chief financial officer's announced annual equity target was $3.0 million.
Indicative annual grant value by band — Franklin Lakes
| Band | Annual value (USD) | Median | Shares at $189.78 |
|---|---|---|---|
| B11 | $1.96M – $3.27M | $2.61M | ~10,328–17,213 |
| B12 | $9.98M – $16.63M | $13.30M | ~52,576–87,626 |
| Board | $161K – $269K | $215K | ~850–1,416 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $189.78 reference price at 25 August 2026 close and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
Thomas E. Polen Chairman, Chief Executive Officer and President | $13.30M FY2025 grant-date value | Roughly $6.635 million of target performance units, $3.357 million of time-vested units and $3.312 million of SARs at a $224.25 exercise price, consistent with the standardized 50/25/25 mix. |
Christopher J. DelOrefice Executive Vice President and Chief Financial Officer in FY2025 | $4.18M FY2025 grant-date value | $3,140,481 of stock awards covering performance units and time-vested units plus $1,040,916 of SAR awards. |
Michael C. Feld Executive Vice President and Chief Revenue Officer | $2.19M FY2025 grant-date value | $1,641,596 of stock awards plus $544,118 of SAR awards on the same 50/25/25 mix. |
Michael D. Garrison Executive Vice President and Segment President | $2.19M FY2025 grant-date value | $1,641,596 of stock awards plus $544,118 of SAR awards, identical to the chief revenue officer. |
Richard E. Byrd Executive Vice President and Segment President, Interventional | $1.90M FY2025 grant-date value | $1,427,531 of stock awards plus $473,139 of SAR awards, the smallest named-executive grant in the FY2025 table. |
Vitor Roque Executive Vice President and Chief Financial Officer from 2026 | $3.0M announced annual equity target | An announced target value rather than a grant count. At the $190.74 reference price used in the second research bundle, $3.0 million is about 15,728 share equivalents, but a mixed performance unit, SAR and time-vested unit award uses separate valuation mechanics. |
Executive Compensation
FY2025 Summary Compensation Table values from the 2026 proxy statement filed on 18 December 2025. The stock column here combines the proxy's separate stock award and SAR award columns, and the other column combines the pension value change with all other compensation. Equity values are grant-date accounting values, not cash received.
Reading the package
Salary was about 8 percent of the chief executive's FY2025 reported total, the cash incentive about 11 percent and grant-date equity about 78 percent. The reported total has been strikingly stable across five years at $14.19 million in FY2021, $16.71 million in FY2022, $17.31 million in FY2023, $17.31 million in FY2024 and $17.13 million in FY2025, which reflects a committee that sets a target value rather than reacting sharply to share-price movement.
BD's chief executive is the lowest paid in this comparison set. The gap is real but should not be over-read: peer periods, equity valuation dates and one-time awards differ, Baxter's figure is a transition-year number dominated by sign-on and make-whole equity, and Boston Scientific's is a year older than the rest. None of these totals equal realized pay.
Named Executive Officers & Board
BD's leadership picture changed materially during 2026. The February separation of Biosciences and Diagnostic Solutions into Waters reset the segment structure, Vitor Roque was appointed executive vice president and chief financial officer in May 2026 at a $770,000 base with a 95 percent target bonus and a $3.0 million annual equity target, and the January 2026 Executive Severance Plan standardized severance economics for employees at job level J-G9 and above.
Component figures in the FY2025 table can differ from the reported total by a dollar because the proxy reports rounded whole-dollar components. Two named executives, the chief revenue officer and one segment president, received a 90 percent individual factor on top of the 85 percent corporate factor, giving an effective payout of about 76.5 percent while the chief executive and chief financial officer received 100 percent individual factors. The chief revenue officer's other compensation of $602,054 is an order of magnitude above his peers and is the single largest non-equity anomaly in the table.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $120,000 | Paid to each non-management director for FY2025, rising to $125,000 after the 2026 annual meeting. The employee chair receives no additional pay for board service. |
| Annual restricted stock unit grant | $215,000 target | Rising to $220,000 after the 2026 annual meeting. Units generally vest and distribute at the earlier of one year after grant or the next annual meeting unless deferred. |
| Committee chair retainer | $25,000 | Paid on top of the standard cash retainer to each committee chair. |
| Lead director retainer | $40,000 | The largest single additional retainer in the FY2025 director programme. |
| Stock ownership guideline | 5x the annual cash retainer | Non-management directors are expected to hold BD shares worth five times their annual cash retainer. |
Actual FY2025 totals for continuing directors ran from $335,172 to $375,172, with Bertram L. Scott the highest at $375,172 and a partial-year director at $223,454. Charitable matching contributions of $1,000 to $10,000 account for the small differences between otherwise identical packages.
Regional heads and other officers
Executive officers who are not named executives, including Roland Goette as executive vice president and president for EMEA, appear only in Section 16 filings and have no compensation table. Compensation for regional heads, country general managers and non-named-executive corporate officers is not publicly disclosed. The 2026 Executive Severance Plan defines the covered population by internal job level J-G9, which confirms that a formal grade exists above that threshold without publishing the grades below it.
Insider Trades — SEC Forms 3/4/5
BD is New York Stock Exchange listed, so the governing record is SEC Section 16 Forms 3, 4 and 5 rather than any Indian exchange filing; SEBI substantial acquisition rules, promoter-group disclosure and BSE or NSE insider streams do not apply to the parent. A SAR exercise appears here as a settlement, and the issuer disposition immediately after it is shares surrendered to the company to cover the exercise price and tax.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-13 | Thomas E. Polen Chairman, Chief Executive Officer and President | Settlement Stock appreciation right exercise under a Rule 10b5-1 plan adopted 2 March 2026; the award had been adjusted for the Waters transaction. | 43,278 | $167.25 | $7.24M |
| 2026-08-13 | Thomas E. Polen Chairman, Chief Executive Officer and President | Withholding Shares disposed to the issuer immediately after the SAR exercise to cover the exercise price and tax. | 39,126 | $185.00 | $7.24M |
| 2026-08-13 | Thomas E. Polen Chairman, Chief Executive Officer and President | Sale The only genuine open-market sale in the August tranche, executed under the same Rule 10b5-1 plan. | 4,152 | $185.00 | $768K |
| 2026-08-11 | Roland Goette Executive Vice President and President, EMEA | Sale Sale of shares acquired through the Global Share Investment Program, the filing that confirms the programme is still operating. | 2,438 | $180.84 | $441K |
| 2026-06-26 | Michael C. Feld Executive Vice President and Chief Revenue Officer | Sale A recurring small sale under a Rule 10b5-1 plan adopted 7 February 2025; the second research bundle dates a comparable 75-share sale to 26 May 2026 at $147.35. | 75 | $152.80 | $11K |
| 2026-06-10 | Michael D. Garrison Executive Vice President and Segment President | Sale Rule 10b5-1 sale; the second research bundle dates the same 1,100-share sale to 24 June 2026 at $145.66. | 1,100 | $151.48 | $167K |
| 2026-06-01 | Thomas E. Polen Chairman, Chief Executive Officer and President | Settlement Exercise of an instalment from a four-year SAR award under a Rule 10b5-1 plan. | 20,209 | $126.16 | $2.55M |
| 2026-06-01 | Thomas E. Polen Chairman, Chief Executive Officer and President | Withholding Shares disposed to the issuer to fund the exercise price and withholding on the June SAR exercise. | 17,445 | $146.15 | $2.55M |
| 2026-06-01 | Thomas E. Polen Chairman, Chief Executive Officer and President | Sale Open-market sale at a weighted-average price under the same plan. | 2,764 | $146.35 | $405K |
| 2025-11-26 | Thomas E. Polen Chairman, Chief Executive Officer and President | Settlement Performance unit vesting from the 2022 to 2024 cycle, which certified at 137 percent of target. The filing reports units and shares, so the value is estimated at the report-date share price. | 22,521 | — | $4.27M |
| 2025-11-26 | Thomas E. Polen Chairman, Chief Executive Officer and President | Withholding Shares surrendered to cover tax on the performance unit vesting, again valued at the report-date share price. | 17,421 | — | $3.31M |
Reading guide
Benefits & Perks
BD's benefit evidence is thinner than its pay evidence outside the United States. Current United States job postings and a deferred compensation plan exhibit carry real detail; elsewhere the reliable material is mostly statutory baseline rather than a BD enhancement, and this section labels the difference rather than blurring it.
United States
- Retirement — 401(k) with a maximum 4.5 percent employer match. Current postings describe a match of $0.75 per dollar on the first 6 percent of compensation, and the Deferred Compensation and Retirement Benefit Restoration Plan exhibit is structured around the same maximum 4.5 percent framework and references non-elective contributions. A current workforce summary plan description was not retrieved, so eligibility and vesting detail may vary. [official]
- Medical — Medical, dental, vision, telehealth and health account options. Postings describe health savings and flexible spending accounts, hospital indemnity, critical illness and accident cover, life and accidental death insurance, short- and long-term disability and long-term care options. Carrier names, premium share and plan tiers are not published in one current schedule. [official]
- Family — Paid parental leave referenced at up to six weeks. Current postings reference up to six weeks of paid parental leave alongside adoption assistance and backup care. A universal workforce leave schedule was not found, and an executive offer letter disclosing five weeks of paid time off is not generalised here. [official]
- Growth — Tuition and educational assistance with BD University. Postings and careers pages describe tuition assistance, internal mobility programmes, mentoring and the BD University learning platform. Reimbursement caps are not published. [official]
- Incentive eligibility — Annual bonus and potential discretionary long-term incentive. Current United States postings state that a role may include an annual bonus and a potential discretionary long-term incentive, with eligibility varying by role. No target percentage or grant value accompanies that language. [official]
Global programs
- Learning — BD University, mentoring and internal mobility. BD's careers materials describe a global learning platform, mentoring and structured career development available across markets. No reimbursement cap or entitlement is published. [official]
- Wellbeing — Physical, mental and financial wellbeing resources. BD describes wellbeing support and employee assistance provision on its careers pages, with vendor and coverage detail varying by country and not published centrally. [official]
- Share participation — Global Share Investment Program for participating non-United States associates. Current existence is confirmed by an August 2026 Form 4 reporting GSIP Trust holdings. Historical official terms describe payroll deductions, open-market purchases held in trust and a match of up to 3 percent of base pay; the present terms are not published. [reported]
- Working model — Hybrid, employee assistance and sabbatical terms. No universal global schedule was found for hybrid working, employee assistance or sabbaticals. Arrangements are location and role dependent, and a manufacturing-heavy workforce limits how far any flexible-work policy can extend. [npd]
- Executive-only — Deferred compensation and retirement benefit restoration. The Deferred Compensation and Retirement Benefit Restoration Plan exhibit supports a maximum 4.5 percent matching framework and non-elective retirement credits for eligible highly compensated employees. This is an executive and highly compensated population plan, not a workforce benefit. [official]
Benefit fields not publicly quantified
Country statutory baselines are not BD enhancements and should not be read as such. Insurer names, coverage limits, premium share, leave-day schedules, paternity leave, car allowance, relocation, tuition reimbursement caps and country hybrid policies remain not publicly disclosed unless a current BD posting expressly states otherwise. The India benefit picture is the weakest of the major markets: no public BD India material names a health insurance provider, sum insured, parent cover, National Pension System employer rate or leave schedule.
Performance Review & Pay Progression
The FY2025 Form 10-K states that BD reintroduced performance ratings and calibration in 2025, which is a meaningful change and also the limit of what is public. No rating scale, label set, distribution rule or merit matrix accompanies that disclosure, and the only quantified pay-progression signal in any filing is a single 3 percent chief executive salary increase.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| B1 | 1–3 years to B2 | Not disclosed | Modeled planning interval |
| B2 | 2–3 years to B3 | Not disclosed | Modeled planning interval |
| B3 | 2–4 years to B4 | Not disclosed | Modeled planning interval |
| B4 | 3–5 years to B5 | Not disclosed | Modeled planning interval |
| B5 | 3–5 years to B6 | Not disclosed | Modeled planning interval |
| B6 | 3–5 years to B7 | Not disclosed | Modeled planning interval |
| B7 | 3–6 years to B8 | Not disclosed | Modeled planning interval |
| B8 | 3–6 years to B9 | Not disclosed | Modeled planning interval |
| B9 | 4–7 years to B10 where a role exists | Not disclosed | Modeled planning interval |
| B10 | Committee and executive appointment | Not disclosed | Modeled planning interval |
| B11 | Board and committee appointment | Not disclosed | Modeled planning interval |
| B12 | Board appointment | Not disclosed | Modeled planning interval |
| Board | Annual re-election | Not disclosed | Modeled planning interval |
The one quantified signal is narrow. The chief executive received a 3 percent salary increase for 2025, which the proxy described as consistent with salary increases made generally at BD. That is a useful directional read on the merit budget but it is not proof that every associate received 3 percent, and country outcomes clearly differ: research found a France-specific 3.2 percent general increase effective 1 January 2025 for eligible employees.
Pay progression evidence
Modeled progression, not BD policy: B1 to B2 typically takes one to three years for a large percentage jump off a low base; B2 to B3 takes two to three years and is the biggest single step in the ladder because it crosses from technician to degreed professional work; B3 to B4 takes two to four years for roughly 25 to 30 percent; B4 to B5 takes three to five years for roughly 20 percent; B5 to B6 takes three to five years for roughly 18 percent; B6 to B7 takes three to six years for roughly 18 percent; B7 to B8 takes three to six years for roughly 10 percent on base but 20 percent on target cash as the bonus target steps from 15 to 20 percent; and B8 to B9 takes three to six years for roughly 12 percent on base and 17 percent on target cash. Above senior director the step is an appointment rather than a promotion, and the equity architecture rather than the salary change drives the economics.
H-1B / LCA Visa Footprint — United States
BD is a modest but consistent H-1B sponsor by large-cap standards, filing roughly 130 to 175 labour condition applications a year concentrated in quality, software, regulatory and biomedical engineering roles. Labour condition application wages are offered base salary only, so they exclude any bonus or long-term incentive and should never be compared with a total compensation figure.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| MyVisaJobs employer profile | 173 FY2025 applications at a $141,059 average offered base | Also the source for the USCIS decision counts and the historical worksite concentration. |
| H1BData.info multi-year page | Approximately a $120,000 median across retrieved BD records | A multi-year window rather than a single fiscal year, so it cannot be merged with the FY2025 sponsor average. |
| H1BGrader FY2025 | $135,000 median with an average near $136,300 and a $345,000 maximum | The FY2026 partial-year view on the same site shows a $150,000 median and a $151,000 average. |
| H1BTrack FY2025 | 172 applications at an average near $136,600 | 167 certified, three certified-withdrawn, two withdrawn and none denied in the labour condition application dataset. |
| OpenH1B 2025 to 2026 combined | 195 applications with a $136,173 median | A 25th percentile of $110,478, a 75th percentile of $155,219 and a 90th percentile near $182,000. Combines two years, so it is not a FY2025-only figure. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Franklin Lakes, New Jersey The headquarters worksite and the only city with a published median. MyVisaJobs uses a different historical window from the 123-record page cited here. | $118K | $135,266 | $158K | 123 |
San Diego, California The second-largest worksite. City median and quartiles are not disclosed by any aggregator, so the values here are modeled from the national distribution and the California concentration. | $125K | $148,000 | $172K | 97 |
Milpitas, California A Bay Area engineering worksite. Median and quartiles are not disclosed; the values here are modeled. | $130K | $152,000 | $176K | 28 |
San Jose, California A Bay Area worksite with a small record count. Median and quartiles are not disclosed; the values here are modeled. | $132K | $155,000 | $180K | 24 |
Columbus, Nebraska A large manufacturing site with a notable filing count, which is unusual for a plant location. Median and quartiles are not disclosed; the values here are modeled. | $92K | $108,000 | $126K | 23 |
Sparks, Maryland The diagnostics and operations campus. Median and quartiles are not disclosed; the values here are modeled. | $105K | $124,000 | $145K | 14 |
Covington, Georgia A manufacturing, distribution and quality site. Median and quartiles are not disclosed; the values here are modeled. | $95K | $112,000 | $130K | 13 |
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 |
|---|---|---|---|
| Senior Quality Engineer | United States, FY2025 wage dataset | $123,000 median across 15 filings | The most filed title in the FY2025 dataset, spanning $104,000 to $148,000. |
| Engineer 3, Software | United States, FY2025 wage dataset | $123,000 median across 14 filings | Spanning $92,700 to $141,400, which brackets the B3 anchor in this report closely. |
| Staff Software Engineer | United States, FY2025 wage dataset | $165,000 median across 9 filings | The highest-paid recurring title, spanning $130,800 to $190,000 and sitting just above the B5 anchor. |
| Staff Regulatory Affairs Specialist | United States, FY2025 wage dataset | $119,400 median across 10 filings | Spanning $97,400 to $145,000; the non-staff Regulatory Affairs Specialist title runs far lower at an $82,100 median. |
| Quality Engineer I | United States, FY2025 wage dataset | $69,000 median across 8 filings | The lowest recurring title in the dataset at $59,000 to $75,000, which corroborates the B2 anchor used here. |
| State concentration | All BD worksites, multi-year aggregate | California about 45 percent, New Jersey about 20 percent | Followed by Nebraska, Texas, Maryland, North Carolina, Georgia and Arizona. The occupation mix is concentrated in software development, industrial engineering, bioengineering, information technology management and mechanical engineering. |
Reading the data correctly
- Labour condition application wages are offered base salary. They exclude any annual bonus and any long-term incentive, which at BD are the components with the least public visibility anyway.
- City percentiles for every worksite except Franklin Lakes are modeled from the national FY2025 distribution rather than published, because no aggregator exposes stable city-level quartiles for BD. They are analytical estimates and are labelled as such.
- Worksite record counts are historical aggregates rather than single-year filings, so they cannot be compared directly with the 173 FY2025 applications.
- The five public extracts disagree, reporting FY2025 medians between $120,000 and $141,059 because they apply different fiscal-year filters, refresh dates and status categories. This report preserves each figure separately rather than averaging them.
- Labour condition application certification is not the same as a USCIS petition approval. A clean current company-level USCIS initial and continuing petition approval table was not identified in a source robust enough to publish, so the approval counts here come from the sponsor profile rather than a USCIS table.
- Sample sizes outside Franklin Lakes and San Diego are small enough that title mix rather than geography can dominate the apparent city differential.
Key Nuances & Insights
BD publishes no enterprise band architecture. Two genuine internal labels exist in filings, Job Group 6 on a live Franklin Lakes director requisition and job level J-G9 in the 2026 Executive Severance Plan, but nothing maps the sequence between or beneath them. Quoting a B-band back to a BD recruiter would be quoting this report, not the company.
The strongest level-specific equity disclosure is the standardized 50 percent performance unit, 25 percent SAR and 25 percent time-vested unit mix for vice president and above. Below that, the plan permits grants and postings mention a potential discretionary long-term incentive, but no threshold, frequency or value is public, which is why every band below B11 in this report carries zero equity.
Because no grant value is disclosed below executive vice president, the B1 to B10 totals are base plus target bonus only. A real BD director or vice president package almost certainly includes long-term incentive value. This report refuses to invent that number, so treat those totals as a target-cash floor rather than a total-reward estimate.
BD's chief executive is the lowest paid in its peer set at $17.13 million, yet its pay ratio is far higher than a technology company's, because the $45,831 median employee reflects roughly 16,000 associates across Mexico, Central America and the Caribbean and a heavily manufacturing workforce. Ratio comparisons across industries mostly measure who a company employs.
A stock appreciation right delivers only the appreciation above the grant price, so a flat share price delivers nothing at all. Polen's August 2026 exercise shows the mechanics plainly: 43,278 SARs exercised at $167.25 produced a $7.24 million issuer disposition and only $768,120 of genuine open-market proceeds.
The FY2025 Performance Incentive Plan formula produced 74 percent and the committee lifted the final corporate factor to 85 percent for tariff and transaction-related costs. That is an eleven-point discretionary adjustment on a scorecard that looks purely mechanical, and it is worth remembering before modelling a payout from published weightings.
For a New York Stock Exchange parent the relevant structures are the 2004 omnibus equity plan and the Global Share Investment Program. There is no Indian ESOP trust, no BSE or NSE allotment stream and no SEBI substantial acquisition process. Calling every award an ESOP would erase the difference between performance units, SARs, time-vested units and payroll share purchase.
No broad Section 423 plan was identified in the 2026 proxy, the FY2025 Form 10-K or the plan exhibits. That is a genuine structural difference from most large-cap employers and means United States associates below vice president have no evidenced routine route to company stock at all.
An August 2026 Form 4 confirms GSIP Trust holdings and shares acquired through the programme, so it is operating. The useful mechanics, including a match of up to 3 percent of base pay and open-market purchases held in trust, come from a much older proxy. The present country list, ceiling, match rate and vesting rules were not revalidated anywhere.
The United States, United Kingdom, Ireland, Switzerland, Poland and Canada publish statutory posting ranges, which makes their anchors genuinely official. India, Australia and Singapore rest on salary-site observations, and Mexico, Brazil, China, Hungary and the United Arab Emirates rest on market modelling alone. A cell's confidence depends far more on its country than on its band.
FY2025 reported about 72,000 associates in 61 countries. After the February 2026 Waters combination, continuing BD described itself as having more than 60,000 employees. Those are different corporate perimeters, not attrition, and treating the drop as workforce reduction would be a serious misreading.
A current director role governs global sales incentive standards across roughly 5,500 sellers, with regions and business units retaining execution. That signals a system in transition, so any quota, commission or accelerator assumption drawn from historical practice is unusually likely to be stale.
The location factors imply roughly four and a half to five times United States to India base differences for comparable professional roles, about 1.2 to 1.4 times United States to Australia and about 1.4 to 1.6 times United States to the United Kingdom. These are labour-market observations, not BD internal transfer ratios, and BD publishes no onshore or offshore allowance policy.
BD's posted ranges are wide enough to leave real room for a lateral premium, and a director range spanning more than $115,000 makes that obvious. But no public evidence supports a band-level estimate of how much a lateral hire earns over an internal promotee, so this report records the gap rather than guessing at it.
Research control
BD's chief executive pay is the lowest in its medical technology peer set, at $17.13 million against $21.40 million at Stryker, $22.94 million at Medtronic, $24.20 million at Abbott and $29.81 million at Baxter, and it has moved barely 3 percent in four years. On the employee side the picture is the opposite of a technology company: official posting ranges are competitive at professional levels, with a director band at $192,000 to $307,200 in Franklin Lakes, but the absence of any disclosed equity value below vice president and of a United States employee stock purchase plan means the visible package is far more cash-weighted than at a large-cap software employer at the same seniority.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| Verified | A BD filing, an official BD job posting with a statutory salary range, an official BD careers or benefit page, or a government rule. | Executive pay, the equity architecture, the incentive scorecard, the B3 to B9 anchors, board compensation and statutory benefits. |
| Reported | A named third-party dataset with observable records, chiefly AmbitionBox, Glassdoor, Indeed, SEEK, JobStreet and the visa aggregators. | The India, Australia and Singapore observations and the H-1B wage distributions. |
| Modeled | The Franklin Lakes anchor multiplied by a city calibration factor and foreign exchange, inside a planning envelope. | Every city without a posted BD range, the B1, B2 and B10 anchors, and the H-1B city quartiles outside Franklin Lakes. |
| Not publicly disclosed | No source in either research bundle supports a figure. | Recorded as such rather than estimated. This is a large category for BD. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1The two bundles build different ladders. The first normalizes twelve bands, B1 to B12, and the second fifteen research bands, R0 to R14. This report follows the first because its band anchors are tied to named official posting ranges, and it records the second bundle's alternative anchors in the band source notes.
- 2The two bundles disagree on the professional entry level. The first models B2 at $48,000 to $68,000 while the second models Engineer I at $70,000 to $100,000. This report keeps the first bundle's figure because it is continuous with the operator band beneath it, but a degreed Engineer I at BD is likely closer to the second bundle's range.
- 3The two bundles disagree on bonus targets at leadership levels. The first models 20 percent at director and 25 percent at senior director; the second models 30 percent and 40 percent. This report uses the first bundle's lower figures because they are continuous with the bands beneath, and both figures are planning assumptions rather than BD disclosures.
- 4The first bundle computes total compensation using a multiplier of 1.08 at B1 rising to 2.45 at B10, which folds in a notional employer benefit load and an assumed equity factor. That is employer cost rather than pay. Every total in this report is rebuilt as base plus target bonus plus disclosed equity, so B1 to B10 totals here are materially lower than the bundle's published planning ranges.
- 5The two executive rows and the board row are excluded from the range chart, and the executive rows are global proxy values rather than local pay ranges. Because both bundles apply one flat location index to the whole employee ladder and force the index to 1.0 for the executive rows, no level-dependent compression factors are set on any location; inventing a junior-to-senior spread would misstate the sources.
- 6Location factors are merged from two independent models on different bases. The first bundle indexes against a United States reference where Franklin Lakes is 1.05 and the second indexes directly against Franklin Lakes at 1.00. This report rebases the first onto the second and takes the mean, which moves several cities by two to five points, most visibly San Diego, Eysins, Drogheda, Limerick and Singapore.
- 7The two bundles use different foreign-exchange snapshots. Both are dated 25 August 2026 but the rates differ in the fourth decimal, and the first bundle's New Zealand dollar rate of 1.556 is far from the second bundle's 1.67646. This report standardises on the second bundle's Appendix A table, which is six-decimal and covers every currency used here.
- 8The two bundles report different BDX reference prices, $189.78 at 25 August 2026 and $190.74 at 24 August 2026. This report uses $189.78 because it matches the November 2025 insider values that are estimated at the report-date price.
- 9The two bundles date the same Feld and Garrison insider sales differently, at 26 June 2026 versus 26 May 2026 for Feld and 10 June 2026 versus 24 June 2026 for Garrison, with different prices. This report uses the first bundle's dates because they cite specific Form 4 accession numbers, and records the alternative in each trade note.
- 10Peer chief executive comparisons differ between bundles. The first uses Stryker, Medtronic, Abbott and Baxter and the second uses Stryker, Medtronic and Boston Scientific with a different Medtronic fiscal year. This report shows all five and flags the period mismatches rather than normalising them.
- 11Headcount cannot be presented as a clean trend. FY2025 reported about 72,000 associates in 61 countries and the post-Waters continuing company is described as more than 60,000 employees. The two figures cover different perimeters, so the headcount panel shows them as a break rather than a series.
- 12BD discloses no geographic revenue split in either research bundle, so the regional revenue panel is omitted entirely rather than repurposed.
- 13H-1B city quartiles outside Franklin Lakes are not published by any aggregator and are modeled here from the national FY2025 distribution. The five aggregators also disagree on the FY2025 median by up to $21,000.
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 — 16 sources
| DEF 14A 2026 | BD 2026 Definitive Proxy Statement · United States Securities and Exchange Commission · 2025-12-18. Executive and director compensation, the pay ratio, the Performance Incentive Plan scorecard, the vice president and above long-term incentive mix, plan share authorization and the burn rate. |
| 10-K FY2025 | BD Annual Report on Form 10-K for FY2025 · United States Securities and Exchange Commission · 2025-11-25. Workforce of about 72,000 associates in 61 countries, geographic presence, share-based compensation, plan pool disclosure and the reintroduction of performance ratings and calibration. |
| 10-Q Q3 FY2026 | BD Quarterly Report on Form 10-Q for the third quarter of FY2026 · United States Securities and Exchange Commission · 2026-08-06. Restructuring and employee-termination costs, share-based compensation of $204 million for nine months and post-transaction continuing-operations reporting. |
| 8-K Jan 2026 | BD Form 8-K on the annual meeting and the Executive Severance Plan · United States Securities and Exchange Commission · 2026-01-30. Shareholder approval of the 3,935,000-share plan amendment and the job level J-G9 definition of a covered executive. |
| 2004 Plan | 2004 Employee and Director Equity-Based Compensation Plan exhibit · United States Securities and Exchange Commission · 2025-08-07. Award types, SAR exercise-price rule, the repricing prohibition and the breadth of legal eligibility. |
| 8-K May 2026 | BD Form 8-K on the 2026 chief financial officer appointment · United States Securities and Exchange Commission · 2026-05-07. Vitor Roque's $770,000 base salary, 95 percent target annual incentive and $3.0 million annual equity target. |
| Forms 4 | Section 16 filings for Polen, Feld, Garrison and Goette · United States Securities and Exchange Commission · 2026-08-14. SAR exercises, issuer dispositions, performance unit vesting, tax withholding, open-market sales and confirmation of current Global Share Investment Program holdings. |
| 2011 proxy | BD 2011 proxy statement description of the Global Share Investment Program · United States Securities and Exchange Commission · 2010-12-01. The historical official description of non-United States eligibility, payroll deductions, the match of up to 3 percent of base pay, open-market purchases, trust custody and withdrawals. |
| Restoration plan | BD Deferred Compensation and Retirement Benefit Restoration Plan exhibit · United States Securities and Exchange Commission · 2024-11-01. The maximum 4.5 percent matching framework at a 6 percent combined deferral and the non-elective retirement credit design. |
| BD Careers | BD careers, total rewards and job-posting research set · Becton, Dickinson and Company · 2026-08-26. Official posting ranges in the United States, United Kingdom, Switzerland, Ireland, Poland and Canada, the Job Group 6 director marker, benefit language, BD University and country associate counts. |
| Waters press release | BD completes the combination of Biosciences and Diagnostic Solutions with Waters · Becton, Dickinson and Company · 2026-02-09. Transaction completion, $4 billion of proceeds and the more than 60,000 employee figure for the continuing company. |
| Salary sites | AmbitionBox, Glassdoor, Indeed, SEEK, JobStreet, PayScale and Levels.fyi BD records · Third-party salary aggregators · 2026-08-26. India, Australia and Singapore role-level observations used to calibrate those markets against the Franklin Lakes anchor. |
| H-1B extracts | MyVisaJobs, H1BData, H1BGrader, H1BTrack and OpenH1B BD extracts · Third-party Department of Labor aggregators · 2026-08-18. Application counts, USCIS decisions, average and median offered base wages, title mix and worksite concentration. |
| Statutory | EPFO, India Ministry of Labour, the Australian Taxation Office, the Fair Work Ombudsman and GOV.UK · Government sources · 2026-08-26. Provident fund, gratuity and maternity baselines for India, the 12 percent superannuation guarantee and leave standards for Australia and the United Kingdom holiday and pension minimums. |
| FX snapshot | Reference exchange rates dated 25 August 2026 · European Central Bank reference feed and the Central Bank of the UAE peg · 2026-08-25. Every local currency conversion in this report. |
| Peer proxies | Stryker, Medtronic, Abbott, Baxter and Boston Scientific proxy statements · United States Securities and Exchange Commission · 2026-03-23. Peer chief executive compensation comparison. |
Recent News & Workforce Trend
BD's 2026 has been dominated by a portfolio separation rather than a compensation event. No company-wide salary increase, pay freeze or employee bonus percentage was announced in any reviewed source, and the strongest disclosed salary signal remains a single 3 percent executive increase described as consistent with increases made generally at BD.
The headcount series cannot be read as a trend. The drop from about 72,000 to more than 60,000 is the Waters separation removing two businesses, not workforce reduction, and BD publishes no city-level or country-level headcount to reconcile the two perimeters. The only geographic signals are careers-page associate counts of roughly 16,000 across Mexico, Central America and the Caribbean, above 2,000 across Germany, Switzerland and Austria, about 1,600 in Brazil and above 1,500 across India and South Asia, all of which can lag restructurings.
Thomas Polen exercised at a $167.25 price under a Rule 10b5-1 plan adopted 2 March 2026, disposed 39,126 shares to the issuer and sold 4,152 shares at $185.00. The award had been adjusted for the Waters transaction.
An officer Form 4 reported GSIP Trust holdings and shares acquired through the programme, the strongest current evidence that the non-United States share plan is still operating.
Continuing-operations revenue of about $4.983 billion, nine-month restructuring costs of $605 million against $185 million and share-based compensation of $204 million against $179 million.
Vitor Roque was appointed executive vice president and chief financial officer at a $770,000 base salary, a 95 percent target annual incentive and a $3.0 million annual equity target, a fresh executive pay anchor at the B11 tier.
BD separated its Biosciences and Diagnostic Solutions businesses, received $4 billion and described the continuing company as having more than 60,000 employees, creating a structural break in every workforce comparison.
The plan defines a covered executive as an employee assigned internal job level J-G9, which is the clearest published evidence that BD operates a formal job-level architecture.
Aggregate authorization under the 2004 Employee and Director Equity-Based Compensation Plan rose from 51.7 million to 55,635,000 shares against a disclosed three-year average burn rate of 0.61 percent.
Chief executive total compensation of $17,129,140 against a $45,831 median employee, a ratio of 374 to 1, with a Performance Incentive Plan corporate factor of 85 percent against a 74 percent formulaic result.
The chief executive's cycle settled at 137 percent after a 114 percent relative total shareholder return modifier, with 22,521 shares acquired and 17,421 surrendered for tax.
The filing preserved the umbrella for options, stock appreciation rights and stock and unit awards ahead of the January 2026 share amendment.