How Comcast Pays
Comcast's reconstructed IC1 to IC8 engineering ladder and M1 to M8 management ladder, priced across 25 markets alongside five-year RSUs, three-year executive PSUs, two employee stock purchase plans and a UK Sharesave, a $35.15M Roberts package at 381 to 1, and 630 certified FY2025 H-1B filings.
Band Hierarchy
Comcast publishes no enterprise grade codebook. The IC1 to IC8 technical ladder and M1 to M8 management ladder here are a cross-source normalisation of designations that appear in Comcast job postings and labour condition applications, principally Engineer 3, Engineer 4, Engineer 5, Architect 4, Architect 5, Manager 1, Manager 2 and Director 2, plus the India entity's Development Engineer 1 through 4. Only the officer titles and the named executives carry a company disclosure.
Technical ladder — Engineer 1 through Fellow
Management ladder — Supervisor through Vice President
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- Comcast job postings and immigration filings expose Engineer 3, Engineer 4, Engineer 5, Architect 4, Architect 5, Manager 1, Manager 2 and Director 2 as live designations, and the India entity adds Development Engineer 1 through 4, but no enterprise-wide grade matrix has ever been published.
- The crosswalk is most reliable for technology roles inside Connectivity and Platforms and progressively less precise for NBCUniversal production, Sky commercial and theme-park functions, which run different title conventions, incentive mixes and works-council or union contexts.
- Vice President, Senior Vice President and Executive Vice President are corporate titles rather than hidden grade numbers, so this report treats them as title tiers and stops the band table at Vice President.
- The frontline and hourly population is deliberately excluded from the band table. It is the single largest employee group at Comcast and its pay is driven by local statutory floors rather than a company grade, so folding it into a location-factor model would misstate whole markets.
- The 2003 Stock Option Plan and 2002 Restricted Stock Plan are frozen legacy vehicles with no shares available; awards outstanding under them do not indicate a separate current hierarchy.
- Versant's separation in January 2026 and the proposed Comcast and NBCUniversal separation announced in June 2026 mean the population behind every 2025 figure here is not the population that will exist after the transactions complete.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| IC1 | Engineer 1 / Analyst 1 | Google L3, Microsoft level 59 to 60 | Comcast pays materially below the large platform companies at entry level; the mapping describes scope, not money.Philadelphia median from employee-reported engineering records; equity is the residual against the reported total and sits inside the modelled $0 to $5,000 annual grant range. |
| IC2 | Engineer 2 / Analyst 2 | Google L3 to L4, Microsoft level 61 | The first level where a discretionary restricted stock unit grant becomes plausible, though it is never an entitlement.Philadelphia median from employee-reported engineering records; the residual equity sits inside the modelled $3,000 to $12,000 grant range. |
| IC3 | Engineer 3 / Development Engineer 3 | Google L4, Microsoft level 62 | Engineer 3 is the second most common Comcast H-1B title at 190 accumulated filings, so this row has unusually direct wage evidence for a non-executive band.Philadelphia median triangulated from current job postings and labour condition applications; the $131,685 national H-1B median for 2025 sits close to this base. |
| IC4 | Engineer 4 / Senior Engineer | Google L5, Microsoft level 63 to 64 | Engineer 4 in Software Development and Engineering is the single most common Comcast H-1B title at 221 accumulated filings, and the modal offshore level in Chennai.Philadelphia median from employee-reported and posting evidence; equity is the residual against the reported total and sits at the bottom of the modelled $15,000 to $40,000 grant range. |
| IC5 | Engineer 5 / Principal Engineer / Architect 4 | Google L6, Microsoft level 65 to 66 | Engineer 5 and Architect 4 are separate designations at the same normalised level; the architect title carries more design authority and no headcount.Philadelphia median from employee-reported records with 49 accumulated Engineer 5 H-1B filings supporting the base; equity is the residual inside the modelled $25,000 to $70,000 range. |
| IC6 | Architect 5 / Senior Principal | Google L6 to L7, Microsoft level 67 | This is where the package tips from cash to equity: annualised stock passes base-plus-bonus growth and becomes the negotiable component.Philadelphia median blends reported records with the research model. The residual equity of about $113,000 exceeds the bundle's own $40,000 to $100,000 modelled grant range for this level. |
| IC7 | Distinguished Engineer | Google L8, Microsoft level 68 to 69 | Distinguished Engineer appears in employee-reported ladders rather than filings, so the title exists but the population behind it is small and the sample thin.Base is reported; total is a research-model bridge. Equity is the residual and sits above the modelled $60,000 to $140,000 grant range midpoint. |
| IC8 | Fellow | Google L9, Microsoft Partner and above | The top of the disclosed technical ladder. Beyond this point technical seniority converts into an officer title rather than a further IC level.Research-model bridge above the last well-sampled reported level; equity is the residual against the modelled total. |
| M1 | Supervisor / Team Lead | First-line lead | This is the bridge from the frontline population into the salaried ladder, and the row where a Comcast package most often still looks like an hourly one grossed up.Research-model bridge; Comcast publishes no supervisor range and the level does not appear in visa filings. |
| M2 | Manager 1 | Google M1, Microsoft level 63 to 64 | Manager 1 is the third most common Comcast H-1B title at 59 accumulated filings, which is unusual: most sponsors file almost exclusively for individual contributors.Philadelphia median from employee-reported management records supported by Manager 1 labour condition applications. |
| M3 | Senior Manager 1 | Google M1 to M2, Microsoft level 65 | A Senior Manager 1 and an Engineer 5 sit within about 8 percent of each other on total compensation, so the track choice at this point is scope rather than money.Philadelphia median from employee-reported management records. |
| M4 | Manager 2 / Senior Manager 2 | Google M2, Microsoft level 66 | Comcast runs two parallel numbering conventions here, Manager 2 in the technology organisation and Senior Manager 2 in corporate functions, for equivalent scope.Philadelphia median from employee-reported management records. |
| M5 | Director 1 | Google Director, Microsoft level 67 | Director is where the September 2025 Connectivity and Platforms restructuring reportedly removed a management layer, so the level's population is in flux.Philadelphia median from employee-reported director records. |
| M6 | Director 2 / Senior Director | Google Director, Microsoft level 68 | Director 2 appears in India job postings as a live designation, which is the strongest official evidence for any level above manager.Philadelphia median triangulated from postings and reported records; Director 2 is a designation Comcast itself publishes. |
| M7 | Executive Director | Senior Director or Partner Director | The last level before the officer population, and the last one with any employee-reported sample; everything above is proxy-only or invisible.Base is reported; total is a research-model bridge with the residual equity inside the modelled $90,000 to $220,000 grant range. |
| M8 | Vice President | Corporate Vice President | Vice President is a corporate title rather than a numbered grade. Only officers who become SEC named executives ever have their pay disclosed, which is a small fraction of this population.Research-model bridge. The residual equity of $58,000 falls well short of the bundle's own $150,000 to $500,000 modelled long-term incentive range for this level, so treat the total as conservative. |
Critical evidence warning
Comcast does not publish salary ranges, band minimums, band midpoints or an equity grant matrix for any employee population. Every non-executive figure in this report is a third-party observation, a labour condition application wage or a calibrated model around one, and should be used for orientation rather than quoted as a Comcast pay band. The only figures that carry a company disclosure are the named-executive tables, the pay ratio, the director programme and the equity-plan share counts.
Compensation by Band — Philadelphia
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Philadelphia. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| IC1 | Engineer 1 / Analyst 1 0 to 2 years · reported | $75K – $101K | 3% | $91K $78K – $105K | $600 |
| IC2 | Engineer 2 / Analyst 2 2 to 4 years · reported | $95K – $129K | 5% | $126K $107K – $145K | $8K |
| IC3 | Engineer 3 / Development Engineer 3 4 to 7 years · verified | $107K – $144K | 7% | $150K $127K – $172K | $16K |
| IC4 | Engineer 4 / Senior Engineer 7 to 10 years · reported | $130K – $176K | 10% | $186K $158K – $213K | $17K |
| IC5 | Engineer 5 / Principal Engineer / Architect 4 10 to 14 years · reported | $159K – $215K | 12% | $244K $207K – $280K | $35K |
| IC6 | Architect 5 / Senior Principal 12 to 17 years · modeled | $174K – $236K | 15% | $349K $297K – $401K | $113K |
| IC7 | Distinguished Engineer 15 to 20+ years · modeled | $182K – $246K | 20% | $361K $306K – $415K | $104K |
| IC8 | Fellow 18 to 25+ years · modeled | $242K – $328K | 25% | $478K $406K – $550K | $122K |
| M1 | Supervisor / Team Lead 3 to 7 years · modeled | $81K – $109K | 5% | $108K $92K – $124K | $8K |
| M2 | Manager 1 6 to 10 years · reported | $129K – $175K | 10% | $188K $160K – $216K | $21K |
| M3 | Senior Manager 1 8 to 12 years · reported | $145K – $197K | 12% | $225K $191K – $259K | $33K |
| M4 | Manager 2 / Senior Manager 2 10 to 14 years · reported | $155K – $209K | 15% | $259K $220K – $298K | $50K |
| M5 | Director 1 12 to 17 years · reported | $173K – $233K | 20% | $305K $259K – $351K | $61K |
| M6 | Director 2 / Senior Director 14 to 20 years · verified | $191K – $259K | 25% | $346K $294K – $398K | $65K |
| M7 | Executive Director 16 to 22 years · modeled | $201K – $272K | 30% | $382K $324K – $439K | $74K |
| M8 | Vice President 18 to 25 years · modeled | $238K – $322K | 35% | $436K $371K – $501K | $58K |
Total Compensation Range by Band
Total compensation in Philadelphia across the employee bands. Ranges are planning envelopes around the median, not offer bands.
Global Footprint & Pay Arbitrage
Comcast reported roughly 179,000 full-time equivalents at 31 December 2025, about 30 percent of them outside the United States across more than 30 countries. Philadelphia is the pay anchor. Chennai and Pasig are the two verified offshore delivery centres, the United Kingdom is the largest non-United States employee population through Sky, and every other market is calibrated against the Philadelphia median.
Office and market catalogue — calibration factors versus Philadelphia
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Philadelphia United States · USD | Corporate headquarters and the deepest disclosed Comcast talent market, and the largest single H-1B worksite at 820 historical records. | Verified hub — headquarters campus | 1.00× | 1.00× |
Denver / Centennial United States · USD | Large technology, network and operations presence, and the third largest H-1B worksite with a $135,456 observed 2025 median. | Verified hub — technology and network operations | 0.98× | 0.98× |
Atlanta United States · USD | Major engineering, operations and commercial market and one of the deepest non-headquarters Connectivity and Platforms sites. | Verified office — engineering and commercial | 0.90× | 0.90× |
New York United States · USD | Media, product, advertising and corporate roles at 30 Rockefeller Plaza and the NBCUniversal complex; current postings carry the highest disclosed United States ranges. | Verified office — media and corporate | 1.15× | 1.15× |
Los Angeles / Universal City United States · USD | NBCUniversal studio, media and Universal theme-park operations, a pay population governed as much by guild and production norms as by corporate bands. | Verified hub — studio and theme park | 1.12× | 1.12× |
Orlando United States · USD | Universal theme-park operations and supporting technology. The professional bands modelled here sit above a much larger hourly park population that is not in this table. | Verified hub — theme park operations | 0.88× | 0.88× |
Chicago United States · USD | Engineering and commercial roles with current postings that publish Illinois pay-transparency ranges. | Verified office — engineering and commercial | 0.98× | 0.98× |
Sunnyvale United States · USD | High-cost Silicon Valley engineering market and the highest-paid Comcast H-1B worksite, with an observed $172,872 median base across 56 records. | Verified office — advanced engineering | 1.25× | 1.25× |
Chennai India · INR | Comcast India Engineering Center, the company's official technology hub serving Comcast, NBCUniversal and Sky, and the only Indian site verified in current careers evidence. | Verified hub — India Engineering Center | 0.14× | 0.14× |
Bangalore India · INR | Market comparator only. Current Comcast careers evidence supports Chennai rather than a major Bangalore engineering hub, so these cells describe the local market, not a verified Comcast site. | Market comparator — no verified major hub | 0.15× | 0.15× |
London United Kingdom · GBP | Sky and NBCUniversal corporate, commercial and media roles, and the centre of the largest Comcast employee population outside the United States. | Verified hub — Sky and NBCUniversal | 0.58× | 0.58× |
Leeds United Kingdom · GBP | Sky technology and customer operations market, a large-volume site whose professional pay sits roughly a fifth below London for the same scope. | Verified office — Sky technology and operations | 0.47× | 0.47× |
Livingston United Kingdom · GBP | Sky operations and service-centre market in central Scotland and the lowest-cost verified Comcast location in Western Europe. | Verified office — Sky service centre | 0.43× | 0.43× |
Osterley United Kingdom · GBP | The Sky campus in west London, a single-site concentration of technology, broadcast and product roles that prices marginally below central London. | Verified hub — Sky campus | 0.56× | 0.56× |
Sydney Australia · AUD | Verified NBCUniversal commercial and media roles across Australia and New Zealand, but not a Comcast-scale engineering hub. | Limited presence — commercial and media | 0.60× | 0.60× |
Auckland New Zealand · NZD | Market comparator for the Australia and New Zealand region. No verified major Comcast office appeared in the reviewed current sources. | Market comparator — no verified office | 0.49× | 0.49× |
Dublin Ireland · EUR | Technology and media market with a verified office but few company-specific public pay samples, so the cells lean harder on the market model than the United Kingdom ones do. | Verified office — technology and media | 0.53× | 0.53× |
Milan Italy · EUR | Sky Italia headquarters and the largest continental European Comcast site after the Sky Deutschland disposal, covering technology, broadcast and commercial roles. | Verified hub — Sky Italia headquarters | 0.39× | 0.39× |
Rome Italy · EUR | Sky and NBCUniversal media market, smaller and slightly cheaper than Milan for the same professional scope. | Verified office — media | 0.37× | 0.37× |
Munich / Unterföhring Germany · EUR | Legacy transition comparator. Sky Deutschland was sold on 31 May 2026, so these cells describe a population that is no longer part of Comcast. | Legacy — divested 31 May 2026 | 0.55× | 0.55× |
Singapore Singapore · SGD | NBCUniversal regional commercial and media roles. Company-specific salary samples are limited, so the cells are modelled from the local market. | Verified office — regional commercial | 0.58× | 0.58× |
Tokyo Japan · JPY | NBCUniversal media and distribution presence, modelled from local market evidence rather than company-specific disclosures. | Verified office — media and distribution | 0.50× | 0.50× |
Osaka Japan · JPY | Universal Studios Japan and related operations. As in Orlando, the professional bands modelled here sit above a far larger park operations population. | Verified hub — theme park operations | 0.42× | 0.42× |
Pasig / Manila Philippines · PHP | Comcast Business technology and operations centre, the second offshore delivery location alongside Chennai and modelled on the same calibration. | Verified hub — Comcast Business operations | 0.14× | 0.14× |
Dubai United Arab Emirates · AED | Limited current presence in the reviewed careers evidence. Ranges are modelled from the local market and should be treated as indicative only. | Limited presence — regional commercial | 0.55× | 0.55× |
Comcast does not disclose city-level headcount anywhere, so this catalogue cannot rank offices by employee count. The 10-K identifies the United States, the United Kingdom and Western Europe, East Asia and South Asia as the largest concentrations, and the India Engineering Center is the only offshore site Comcast names on its own careers material.
Philadelphia anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Total |
|---|---|---|---|---|
| IC1 | $88K | $600 | $3K | $91K |
| IC2 | $112K | $8K | $6K | $126K |
| IC3 | $125K | $16K | $9K | $150K |
| IC4 | $153K | $17K | $15K | $186K |
| IC5 | $187K | $35K | $22K | $244K |
| M2 | $152K | $21K | $15K | $188K |
| M3 | $171K | $33K | $21K | $225K |
| M4 | $182K | $50K | $27K | $259K |
| M5 | $203K | $61K | $41K | $305K |
| M6 | $225K | $65K | $56K | $346K |
- The Philadelphia column is the anchor. It is both the headquarters market and the deepest evidence base, with 820 historical H-1B worksite records and a $125,248 observed 2025 median base.
- Sunnyvale at 1.25 times and New York at 1.15 times are the only markets above the anchor; Sunnyvale's $172,872 observed H-1B median is the highest of any Comcast worksite.
- Chennai and Pasig both calibrate at 0.14 times Philadelphia at the junior end. Chennai is the Comcast India Engineering Center serving Comcast, NBCUniversal and Sky; Pasig is the Comcast Business technology and operations centre.
- Bangalore and Auckland are market comparators rather than verified Comcast sites, and Munich is a legacy comparator after the Sky Deutschland sale completed on 31 May 2026. All three are labelled as such in the footprint table.
- The Sky sites split cleanly by cost: Osterley at 0.56 times and London at 0.58 times, Leeds at 0.47 times and Livingston at 0.43 times, which is a wider intra-country spread than any other Comcast market.
- Officer and named-executive pay is set against enterprise scope rather than a worksite, so Senior Vice President and above are carried in the executive section only and are excluded from the location model.
Model rules
- Every modelled cell is the Philadelphia median multiplied by the city calibration factor for that band and then by the 26 August 2026 foreign-exchange snapshot. Base and total share one factor because the source model applies a single location multiplier to both.
- The location effect is dampened as scope grows, so each city carries a junior factor and a senior factor and every band between is interpolated by seniority. Chennai runs 0.14 times Philadelphia at Engineer 1 and 0.53 times at Vice President; London runs 0.58 times and 0.77 times.
- That interpolation is a straight line through a curve that is genuinely convex. The source model holds the offshore factor flat through the first four technical levels before it starts rising, so the mid-ladder offshore cells here read about a quarter above the bundle's own figures at Engineer 3 and Engineer 4.
- A total compensation cell is base plus target bonus plus annualised equity. No employer benefit load, employer pension contribution or payroll tax is included, because that is employer cost rather than pay.
- Equity in every cell is a residual: the source publishes a band total and a separate modelled grant range, and this report takes the total as given and derives equity from it so the components reconcile.
- Sign-on payments, relocation, retention awards and the special executive promotion grants are excluded from every band cell.
Variable Pay & Annual Cash Incentive
Comcast discloses the named-executive annual bonus in full and discloses nothing at all about the wider workforce grid. The 2025 executive plan scored 110 percent of target on a 70 percent financial, 15 percent operational and 15 percent stakeholder weighting. Below the named executives there is no published target, scorecard, cadence or payout history, so every non-executive target below is modelled.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
IC1 Engineer 1 / Analyst 1 | 3% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC2 Engineer 2 / Analyst 2 | 5% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC3 Engineer 3 / Development Engineer 3 | 7% of base | Annual bonus on a company, business-unit and individual performance mix. Postings state most non-sales employees are bonus eligible without giving a percentage. | Not publicly disclosed |
IC4 Engineer 4 / Senior Engineer | 10% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC5 Engineer 5 / Principal Engineer | 12% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC6 Architect 5 / Senior Principal | 15% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC7 Distinguished Engineer | 20% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
IC8 Fellow | 25% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
M1 Supervisor / Team Lead | 5% of base | Annual bonus, with operations supervisors often carrying service and installation metrics that do not apply to office populations. | Not publicly disclosed |
M2 Manager 1 | 10% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
M3 Senior Manager 1 | 12% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
M4 Manager 2 / Senior Manager 2 | 15% of base | Annual bonus on a company, business-unit and individual performance mix. Comcast publishes no workforce formula. | Not publicly disclosed |
M5 Director 1 | 20% of base | Annual bonus weighted more heavily to business-unit financial results as scope grows. No published grid. | Not publicly disclosed |
M6 Director 2 / Senior Director | 25% of base | Annual bonus weighted more heavily to business-unit financial results as scope grows. No published grid. | Not publicly disclosed |
M7 Executive Director | 30% of base | Annual bonus weighted more heavily to business-unit financial results as scope grows. No published grid. | Not publicly disclosed |
M8 Vice President | 35% of base | Annual bonus approved within the officer population. The first level where the mechanism starts to resemble the disclosed executive scorecard, though nothing is published. | Not publicly disclosed |
NEO Named executives and Co-CEOs | 150% to 300% of base | Annual cash bonus scored 70 percent on financial measures, split adjusted EBITDA 35 percent, free cash flow 25 percent and revenue 10 percent, plus 15 percent operational and 15 percent stakeholder and sustainability, capped at 192.5 percent of target. Performance share units are a separate three-year long-term incentive. | 2025 scored 110 percent of target from 77 financial, 18 operational and 15 stakeholder points. The 77 is weighted financial achievement against a 70 point target weighting, not 77 percent of target. |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| Brian L. Roberts | $7,802,886 | $8,583,175 | 110% of target |
| Michael J. Cavanagh | $7,802,886 | $8,583,175 | 110% of target |
| Thomas J. Reid | $4,941,828 | $5,436,010 | 110% of target |
| Jason S. Armstrong | $4,161,538 | $4,577,693 | 110% of target |
| Jennifer Khoury | $2,340,866 | $2,574,952 | 110% of target |
Employee payout timing and history
For the wider workforce Comcast publishes no target percentages, no scorecard, no payout cadence and no 2023 to 2025 payout history. United States job postings commonly state that most non-sales employees are bonus eligible without specifying a rate. Every non-executive target in the table above is a research model and should not be quoted as a Comcast bonus target.
Sales and special incentives
Sales commissions, production incentives, theme-park operations bonuses and the executive annual bonus are structurally different plans inside the same company. A Comcast Business sales quota plan, an NBCUniversal production incentive and a Universal park operations bonus share no common design, and none of them are publicly documented.
Equity — RSUs, PSUs, Options & ESPP
Comcast runs four live equity vehicles and two frozen legacy ones. Restricted stock units on a five-year schedule are the workforce award, three-year cliff-vesting performance share units are the executive award, two separate employee stock purchase plans cover the Comcast and NBCUniversal populations, and a Sharesave plan serves the United Kingdom and selected countries. More than 24,000 employees received a stock award in 2025 against roughly 179,000 full-time equivalents.
- The four live pools total 298,774,577 shares available for future issuance, an indicative $8.11 billion at the 26 August 2026 snapshot price of $27.16. That is a share count, not an accounting fair value and not an estimate of expected dilution.
- The proxy separately reports 290,792,855 securities tied to outstanding options and rights, giving an outstanding-to-available ratio of about 0.973 times.
- Pool utilisation is not derivable in a defensible form. Original authorisations, fungible share-counting rules, cancellations, forfeitures, the frozen legacy plans and the Versant spin adjustments all prevent a clean used-divided-by-original calculation from the summary tables.
- Options are now residual rather than a live vehicle: 1 million were granted in 2025 at a $35.98 weighted exercise price against 204 million outstanding at $41.93, and virtually all outstanding options were net-settled at year end.
Equity plan reserves and 2025 award activity
Vesting — common reported employee schedule
The 2025 Form 10-K states that awards generally vest over five years, but Comcast does not publish the annual increments, so the ratable schedule shown here is an assumption rather than a disclosure. It matters commercially: a five-year schedule stretches the same grant-date value over 25 percent more time than the four-year schedule most technology peers use, which reduces the annualised value of an identical headline grant by about a fifth. Senior-executive performance share units run a separate three-year cliff.
Eligibility by hierarchy level
- There is no published minimum eligible band, no grant matrix and no entitlement rule. The only quantitative anchor is the 24,000-plus employees who received an award in 2025.
- Employee stock purchase access and discretionary award equity should never be combined into one figure. Purchase-plan access is employee-funded and can be broad, while restricted stock units and performance share units are employer-funded and discretionary.
- Comcast states that an employee stock purchase plan is available in India to most eligible employees, while discretionary restricted stock unit grants there are explicitly not a universal entitlement.
- Sharesave is invitation-based in participating jurisdictions and adjusts by offering, so a United Kingdom employee's equity access can look nothing like a United States colleague's in the same role.
- Frontline and hourly populations are far more likely to reach the purchase plans than an annual grant, which is the practical difference between the two vehicles at Comcast.
Indicative annual grant value by band — Philadelphia
| Band | Annual value (USD) | Median | Shares at $27.16 |
|---|---|---|---|
| IC1 | $450 – $750 | $600 | ~17–28 |
| IC2 | $6K – $11K | $8K | ~232–387 |
| IC3 | $12K – $20K | $16K | ~431–718 |
| IC4 | $13K – $21K | $17K | ~464–773 |
| IC5 | $26K – $43K | $35K | ~958–1,597 |
| IC6 | $85K – $142K | $113K | ~3,127–5,212 |
| IC7 | $78K – $130K | $104K | ~2,870–4,784 |
| IC8 | $91K – $152K | $122K | ~3,362–5,603 |
| M1 | $6K – $10K | $8K | ~228–380 |
| M2 | $16K – $26K | $21K | ~574–957 |
| M3 | $25K – $42K | $33K | ~925–1,541 |
| M4 | $37K – $62K | $50K | ~1,372–2,287 |
| M5 | $46K – $77K | $61K | ~1,696–2,826 |
| M6 | $49K – $81K | $65K | ~1,788–2,980 |
| M7 | $55K – $92K | $74K | ~2,043–3,405 |
| M8 | $44K – $73K | $58K | ~1,602–2,669 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $27.16 reference price at 26 August 2026 snapshot and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
Brian L. Roberts Chairman and Co-CEO | 639,245 target units, 1,598,112 maximum, $23,473,076 grant-date fair value | Annual performance share unit grant, three-year cliff on return on invested capital and relative adjusted earnings-per-share growth with a total shareholder return modifier. |
Michael J. Cavanagh Co-CEO | 555,865 target units, 1,389,662 maximum, $20,411,363 grant-date fair value | Annual performance share unit grant on the same three-year design. |
Michael J. Cavanagh Co-CEO — special promotion grant | 1,257,234 target units, 3,143,085 maximum, $39,929,752 grant-date fair value | One-off promotion grant approved in December 2025 in connection with the Co-CEO appointment. It is roughly twice his annual grant and is the reason his 2025 reported total is an outlier. |
Jason S. Armstrong Chief Financial Officer | 264,040 target units, 660,100 maximum, $9,695,549 grant-date fair value | Annual performance share unit grant on the same three-year design. |
Thomas J. Reid Chief Legal Officer and Secretary | 190,385 target units, 475,962 maximum, $6,990,937 grant-date fair value | Annual performance share unit grant on the same three-year design. |
Jennifer Khoury Chief Communications Officer | 41,690 target units, 104,225 maximum, $1,530,857 grant-date fair value | Annual performance share unit grant on the same three-year design, roughly one fifteenth of the Co-CEO annual grant. |
Executive Compensation
Comcast has had two chief executives since 2 January 2026. Brian L. Roberts remains Chairman and Co-CEO and is the executive used for the pay ratio; Michael J. Cavanagh, President in the 2025 table, became Co-CEO in January 2026 and his 2025 reported total is inflated by a special promotion grant that will not repeat.
Reading the package
Salary is 7.4 percent of Roberts' reported total, the annual cash bonus 24.4 percent, stock awards 66.8 percent and all other compensation 1.4 percent. The stock figure is a grant-date accounting value on units that cliff vest after three years against return on invested capital and relative adjusted earnings-per-share growth, not cash received. Cavanagh's mix is more extreme still: his $60.34 million of stock awards is 84.1 percent of his reported total, and two thirds of that is the one-off promotion grant.
Roberts' $35.15 million sits above AT&T and Verizon and below Disney for the same year, which is roughly where a company of Comcast's revenue would be expected to land. The two outliers cut in opposite directions and both are timing artefacts: Cavanagh's $71.76 million carries a special promotion grant, and Winfrey's $6.47 million reflects Charter's decision to make no new annual equity grant in 2025 because of earlier multi-year awards. Neither is a run-rate, and neither should be used in a single-year comparison without adjustment.
Named Executive Officers & Board
Only five executives are disclosed. Business-unit presidents, segment heads and regional leaders are invisible unless they qualify as SEC named executives, which none of them did for 2025.
The 2025 named-executive population is unusually stable in cash and unusually volatile in equity. All five were paid at exactly 110 percent of bonus target because the scorecard is a single enterprise result. Salary differences are modest, from $1.56 million to $2.60 million. Equity is where the spread opens: Khoury's $1.53 million annual grant is roughly one fifteenth of Roberts' $23.47 million, and Cavanagh's promotion grant alone exceeded the combined annual grants of Armstrong, Reid and Khoury.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $120,000 | Paid to every non-employee director. |
| Annual stock grant | ~$240,000 | Increased in October 2025. Every 2025 director row shows exactly $240,016 of stock. |
| Committee member fee | $15,000 | Per committee membership, which is what separates the $375,016 rows from the rest. |
| Committee chair fee | $40,000 | Jeffrey A. Honickman was the highest-paid director at $415,016, on $175,000 of cash. |
| Share ownership requirement | 5× cash retainer | Directors must hold Comcast shares worth five times the cash retainer within five years. |
| 2025 reported range | $375,016 to $415,016 | Nine directors disclosed. Kenneth J. Bacon and Edward D. Breen were each at $400,016. |
The director programme is a governance package rather than an employment band and is excluded from the range chart. The uniform $240,016 stock figure across all nine directors is the clearest single piece of evidence that Comcast sets director equity by dollar value rather than share count.
Regional heads and other officers
Regional-head compensation is not separately disclosed unless the individual is an SEC named executive officer. That leaves the entire Sky, NBCUniversal and Connectivity and Platforms leadership layer outside public view, apart from occasional Section 16 share filings. Cavanagh's base salary rose to $2.75 million effective January 2026, the only forward-looking officer pay figure in the filings.
Insider Trades — SEC Forms 3/4/5
Comcast is Nasdaq-listed and reports under United States rules, so the relevant records are SEC Forms 3, 4 and 5 and Schedules 13D and 13G. Vesting settlements, tax withholdings and charitable gifts should not be read as bearish sales.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-03 | Asuka Nakahara Director | Sale Open-market sale by a non-employee director. | 8,275 | $29.70 | $246K |
| 2026-02-11 | Michael J. Cavanagh Co-Chief Executive Officer | Exercise Option exercise across direct and trust holdings, the largest insider transaction in the reviewed period. | 736,238 | $28.38 | $20.89M |
| 2026-02-11 | Michael J. Cavanagh trust Related trust | Sale Open-market sale by a related trust on the same day as the option exercise. | 57,947 | $32.66 | $1.89M |
| 2026-03-01 | Brian L. Roberts Chairman and Co-Chief Executive Officer | Settlement Stock-unit vest and acquisition reported at a zero-dollar transaction code; non-cash. | 45,578 | — | $0 |
| 2026-03-05 | Jason S. Armstrong Chief Financial Officer | Exercise Option exercise at the same weighted price as the February executive exercises. | 73,497 | $28.38 | $2.09M |
| 2026-03-05 | Jason S. Armstrong Chief Financial Officer | Sale Small open-market sale on the same day as the exercise. | 4,494 | $31.73 | $143K |
| 2026-08-05 | Brian L. Roberts Chairman and Co-Chief Executive Officer | Gift Charitable or family transfer reported at a zero-dollar code; no cash proceeds. | 204,100 | — | $0 |
| 2026-08-17 | Edward D. Breen Lead independent director | Gift Charitable or family transfer reported at a zero-dollar code; no cash proceeds. | 62,440 | — | $0 |
Reading guide
Benefits & Perks
Benefit evidence at Comcast is far stronger than pay evidence in the United States, India and the United Kingdom, and thin to non-existent everywhere else. Provider names, premium splits, dependent coverage, leave-day schedules and employer contribution percentages are usually employee-group specific, so the controlling documents are the offer, the summary plan description, the local handbook and statutory rules.
United States
- Health — Medical, dental and vision. Plan options with virtual primary care and care navigation. Plan design and premium share vary by employee group and are not published. [official]
- Retirement — 401(k) with company match. Comcast confirms a company match without publishing the formula. Secondary employer-verified sources describe dollar-for-dollar matching up to 6 percent of pay with a two-year cliff on the company portion; confirm against the current summary plan description. [reported]
- Insurance — Life, disability and savings accounts. Life insurance, short-term and long-term disability, health and flexible spending accounts. Eligibility and levels vary by employee group. [official]
- Time off — Paid time off and family support. Paid time off and family-planning support vary by employee group; Comcast publishes no universal accrual schedule or parental-leave duration. [npd]
- Education — Tuition assistance. Available to eligible full-time employees. The annual cap and approved-programme list are not published. [official]
- Equity — Employee stock purchase plan access. The 2002 Section 423 plan for covered Comcast entities and the 2011 non-423 plan for NBCUniversal, plus discretionary annual equity for a meaningful minority of employees. [official]
- Wellbeing — Emotional wellbeing tools and employee assistance. Mental-health resources and an employee assistance programme. [official]
Global programs
- Learning — Classroom, online and on-the-job programmes. Available across the portfolio, with United States tuition assistance for eligible full-time employees. [official]
- Wellbeing — Employee assistance and virtual care. An employee assistance programme, mental-health resources, virtual care and family-planning support. [official]
- Mobility — Internal movement across the portfolio. Movement between Connectivity and Platforms, NBCUniversal, Sky and the theme parks exists, but no universal rotation or sabbatical policy was found. [official]
- Working pattern — Hybrid and remote arrangements. Role and location specific. No single global remote-work entitlement is publicly disclosed. [npd]
- Community — Employee resource groups. Nine United States employee resource groups had more than 36,000 members across 240 chapters as of the 2025 Form 10-K. [official]
Benefit fields not publicly quantified
Provider names, exact insurance premiums, dependent coverage, leave-day schedules and employer contribution percentages are frequently employee-group specific and are not publicly disclosed. The controlling documents in every market are the offer letter, the summary plan description, the local handbook and statutory rules. The regional split here follows the twelve countries the source bundle documents separately, which is also the split along which Comcast's benefit design genuinely diverges.
Performance Review & Pay Progression
Comcast publishes nothing about how it rates or promotes its workforce. There is no public rating scale, no distribution rule, no review calendar and no increase matrix, so this section is largely a record of what is not disclosed.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| IC1 | 2 to 3 years | Not disclosed | Modeled planning interval |
| IC2 | 2 to 3 years | Not disclosed | Modeled planning interval |
| IC3 | 2 to 3 years | Not disclosed | Modeled planning interval |
| IC4 | 3 to 5 years | Not disclosed | Modeled planning interval |
| IC5 | 3 to 5 years | Not disclosed | Modeled planning interval |
| IC6 | 3 to 5 years | Not disclosed | Modeled planning interval |
| IC7 | 4 to 7 years | Not disclosed | Modeled planning interval |
| IC8 | 4 to 7 years | Not disclosed | Modeled planning interval |
| M1 | 2 to 3 years | Not disclosed | Modeled planning interval |
| M2 | 3 to 5 years | Not disclosed | Modeled planning interval |
| M3 | 3 to 5 years | Not disclosed | Modeled planning interval |
| M4 | 3 to 5 years | Not disclosed | Modeled planning interval |
| M5 | 4 to 7 years | Not disclosed | Modeled planning interval |
| M6 | 4 to 7 years | Not disclosed | Modeled planning interval |
| M7 | 4 to 7 years | Not disclosed | Modeled planning interval |
| M8 | 5 or more years | Not disclosed | Modeled planning interval |
The modelled promotion interval is 2 to 3 years in early career, 3 to 5 years for senior individual contributors and managers and 4 to 7 years at director level and above. Actual progression depends on role, vacancy and performance, and the September 2025 Connectivity and Platforms restructuring reportedly removed a management layer, which mechanically lengthens the director-level interval wherever it applied.
Pay progression evidence
Anonymous United States reports cluster non-promotion increases around 1 to 3 percent, while India reports often cite 8 to 12 percent. Modelled promotion increases are 8 to 15 percent early and mid-career and 10 to 20 percent at manager and director level, with more on a major scope change. None of this is policy, all of it moves with market and inflation conditions, and Comcast does not publish a controlled study of internal versus external hire pay, so the widely assumed lateral-hire premium remains a hypothesis rather than a measured gap.
H-1B / LCA Visa Footprint — United States
Comcast Cable Communications is a substantial but not enormous H-1B sponsor, concentrated in Pennsylvania engineering roles and with an approval rate close to 99 percent. Labour condition application wages are base salary only and exclude bonus, equity and benefits.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| H1BData.info, Comcast Cable Communications LLC, 2025 | 589 salary records with a $131,685 median | The quartiles here are calculated from the sorted public record set where it supports them; the adjacent records around the lower quartile are $92,435 and $94,578. |
| MyVisaJobs employer profile, updated 18 August 2026 | 715 FY2025 applications, 630 certified, 571 I-129 approvals | Also the source for the average offered and prevailing wages, the top worksites and the most common sponsored titles. |
| MyVisaJobs FY2026 partial year | 354 applications through 18 August 2026 | The certified split is not published on the summary page. Approvals stood at 209 against a single denial. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Philadelphia, PA Headquarters market and the anchor city for this entire report. | $88K | $125,248 | $153K | 820 |
West Chester, PA A secondary Pennsylvania engineering site that pays slightly above Philadelphia at the median. | $88K | $129,107 | $152K | 164 |
Englewood / Centennial, CO The Denver-area technology and network operations concentration. | $95K | $135,456 | $162K | 128 |
Mount Laurel, NJ A small site with an unusually high median relative to its lower quartile. | $88K | $148,512 | $153K | 77 |
Reston, VA The highest lower quartile outside California, reflecting a senior-weighted role mix. | $101K | $150,051 | $174K | 68 |
Sunnyvale, CA The highest-paid Comcast worksite and the narrowest quartile spread, a small senior engineering population. | $146K | $172,872 | $180K | 56 |
New York, NY The widest quartile spread of any worksite, consistent with a mixed media, product and engineering population. | $124K | $179,631 | $205K | 35 |
Washington, DC A small policy and technology presence priced between Philadelphia and Reston. | $97K | $139,880 | $168K | 29 |
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 |
|---|---|---|---|
| Engineer 4, Software Development and Engineering | Multiple United States worksites | $153,400 IC4 anchor | 221 accumulated filings, the single most sponsored Comcast title. The wage shown is this report's Philadelphia IC4 anchor base; per-title wage medians are not published. |
| Engineer 3 | Multiple United States worksites | $125,400 IC3 anchor | 190 accumulated filings. The 2025 national dataset median of $131,685 sits close to this level, which is why IC3 carries the strongest wage evidence in the ladder. |
| Manager 1 | Multiple United States worksites | $152,000 M2 anchor | 59 accumulated filings. Sponsoring at manager level is unusual; most large sponsors file almost exclusively for individual contributors. |
| Engineer 5 | Multiple United States worksites | $186,600 IC5 anchor | 49 accumulated filings, the most senior technical designation appearing in volume in the visa record. |
| Engineer 4, Product Development Engineering | Multiple United States worksites | $153,400 IC4 anchor | 32 accumulated filings under a separate product-engineering designation at the same normalised level as the software Engineer 4. |
Reading the data correctly
- Labour condition application wages are base salary only. They exclude the target bonus, any restricted stock unit grant and all benefits, so they understate a Comcast package by roughly 4 percent at Engineer 1 and roughly 20 percent at Engineer 5.
- Applications are not hires. One worker can generate several filings, and a certified application does not guarantee that an I-129 petition follows or is approved.
- The worksite counts in the city table are historical profile totals rather than FY2025-only petition counts, so they measure cumulative sponsorship depth rather than current-year activity.
- City quartiles are exact only where the sorted public record set supports them. Elsewhere they are modelled from the observed records and labelled as such in the source bundle.
- All of this covers Comcast Cable Communications LLC. NBCUniversal, Sky and the theme-park entities file separately and are not captured in these totals.
Key Nuances & Insights
Postings and immigration filings expose Engineer 3, Engineer 4, Engineer 5, Architect 4, Architect 5, Manager 1, Manager 2 and Director 2 as real designations, and India adds Development Engineer 1 through 4. What does not exist anywhere in public is a grade matrix tying those designations to a range. Anyone quoting a Comcast band is quoting a reconstruction.
The 10-K says employee awards generally vest over five years. Most technology peers use four. The same headline grant is therefore worth about a fifth less per year at Comcast, and the difference compounds against a departure date: leave at year three and a four-year schedule has delivered 75 percent of the grant while a five-year one has delivered 60 percent.
More than 24,000 employees received a stock award in 2025 against roughly 179,000 full-time equivalents. That is a lower-bound reach of about 13.4 percent. For the other seven eighths of the company, the employee stock purchase plans are the only equity that will ever apply.
The Comcast-NBCUniversal 2011 plan buys at 85 percent of the lower of the beginning and ending price with a $25,000 annual cap, a guaranteed 17.6 percent return on the purchased amount before any share-price movement. For an employee at Engineer 2 with a modelled $8,400 annual grant, fully using the purchase plan is worth more than the grant and carries none of the vesting risk.
All five 2025 named executives were paid at exactly 110 percent of target because the plan scores a single enterprise result rather than five individual assessments. That removes individual discretion at the officer level and makes the executive bonus a pure function of adjusted EBITDA, free cash flow and revenue attainment.
His $71.76 million 2025 total includes a $39.93 million special promotion performance share grant approved in December 2025, roughly twice his $20.41 million annual grant and more than the combined annual grants of the chief financial officer, chief legal officer and chief communications officer. A grant that size on a Co-CEO appointment is a retention instrument ahead of the proposed separation, not a run-rate.
The $92,390 median comes from a statistical population that includes part-time, seasonal and temporary workers, which a software company's median does not. Comcast's field technicians, call-centre agents and theme-park operations staff pull the median down, so the ratio measures workforce composition as much as executive pay.
Chennai runs at about 0.14 times the Philadelphia anchor at Engineer 1 and about 0.53 times at Vice President, and Pasig follows the same curve. The gap narrows because the pay model dampens the location effect as scope becomes enterprise-wide, not because Indian junior engineers are catching up. A senior offshore package is a fundamentally different negotiation from a junior one.
London at 0.58 times and Osterley at 0.56 times against Leeds at 0.47 times and Livingston at 0.43 times means the same Sky role can pay a third less an hour's train ride away. No United States market shows a comparable internal spread.
Employer pension contributions of up to 9 percent, Sharesave, and free or discounted Sky and NOW services have no United States counterpart, just as the 401(k) match and the Section 423 purchase plan have no United Kingdom counterpart. Comparing gross cash between the two populations without adjusting for this understates the Sky package.
Comcast granted 1 million options in 2025 at a $35.98 weighted exercise price against 204 million outstanding at $41.93, and virtually all outstanding options were net-settled at year end. The largest insider transactions in 2026 are Cavanagh's 736,238-share and Armstrong's 73,497-share exercises, both at about $28.38, which is the tail of that overhang rather than new grant activity.
Cable network engineering, NBCUniversal media production, Sky in the United Kingdom and Italy, and Universal theme-park operations have different labour markets, incentive designs, union and works-council contexts and title conventions. A single Comcast salary figure averages across populations that do not compete for the same people.
Versant separated on 2 January 2026, Sky Deutschland was sold on 31 May 2026 and a Comcast and NBCUniversal separation was proposed on 29 June 2026 with Michael Angelakis to lead Comcast and Cavanagh NBCUniversal. Every headcount, revenue and pay-ratio figure in this report predates all three, and none has been restated.
Anonymous reports describe external-hire premiums and market corrections, but Comcast publishes no controlled internal-versus-lateral pay study, no company-wide increase percentage and no off-cycle correction programme. Treat the premium as a risk hypothesis worth testing in negotiation rather than a verified number.
Research control
On chief executive pay Comcast sits mid-pack among its disclosed peers: Roberts' $35.15 million is above AT&T's $29.91 million and Verizon's $31.18 million and below Disney's $45.84 million, while Charter's $6.47 million is depressed by award timing rather than by policy. On employee pay the comparison is harder, because Comcast's ladder is anchored well below the large platform companies at every technical level, and the peer mapping in the band table describes scope rather than money. Against a Google or Microsoft equivalent, a Comcast Engineer 4 carries similar responsibility on a materially smaller package, and the gap is widest in equity.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| official | A Comcast filing, official benefit page, government rule or official job posting. | Quote directly. Covers the named-executive tables, the pay ratio, the director programme, equity-plan share counts, benefit pages and statutory rules. |
| reported | Employee-submitted pay, an H-1B labour condition application wage or a third-party salary record. | Use as a market observation and check the sample size. Strongest at Engineer 3 through Engineer 5 and Manager 1, weakest above Executive Director. |
| modeled | The Philadelphia anchor multiplied by a city calibration factor and the 26 August 2026 foreign-exchange snapshot, inside a planning envelope. | Treat as an orientation range, never as a quote. Every offshore cell and every band above Executive Director falls here. |
| npd | Not publicly disclosed in any reviewed source. | Read as a genuine absence of evidence rather than a zero. Comcast discloses far less about workforce pay than about executive pay. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1The frontline and hourly population is deliberately excluded from the band table. It is Comcast's largest employee group, but its pay is set against local statutory floors and collective arrangements rather than a corporate grade, and it moves in the opposite direction to the professional bands across markets. The source bundle applies the same city multiplier to it as to engineers, which produces a London frontline base below the United Kingdom statutory minimum wage. Rather than reproduce that, this report carries the population in the career-levels and news sections and in the $92,390 median employee figure only.
- 2Senior Vice President, Executive Vice President, business president and named-executive rows are also excluded from the band table. Above Vice President the source model produces a single worldwide figure that is identical in every city table, which would force every location factor toward 1.0 at the top and generate absurd offshore cells. Those layers are carried in the executive and career-levels sections instead.
- 3The location model interpolates linearly between a junior factor and a senior factor, but the underlying compression curve is convex: the source holds the offshore factor flat through the first four technical levels before it rises. Mid-ladder offshore cells here therefore read about a quarter above the source's own figures at Engineer 3, Engineer 4 and Manager 1, and match it closely at Engineer 1, Fellow, Director 2 and above.
- 4Equity in every band row is a residual derived from the source's published band total, so the components reconcile. At Architect 5 that residual is about $113,000 against the source's own $40,000 to $100,000 modelled grant range, and at Vice President it is $58,000 against a $150,000 to $500,000 range. Both are internal inconsistencies in the source bundle, not corrections applied here.
- 5No employer benefit load, pension contribution or payroll tax is included in any total compensation cell. Where a source computes total reward including such a load, that is employer cost rather than pay and has been stripped.
- 6The 401(k) match formula of dollar for dollar up to 6 percent with a two-year cliff comes from secondary employer-verified reporting rather than a Comcast document, and is the largest single United States benefit figure in this report that lacks a primary source.
- 7Bangalore and Auckland are market comparators with no verified major Comcast site, and Munich is a legacy comparator after the 31 May 2026 Sky Deutschland disposal. All three are retained for coverage and labelled in the footprint table, but none should be read as a Comcast pay range.
- 8Every headcount, revenue and pay-ratio figure predates the Versant separation completed on 2 January 2026, and none has been restated on a comparable annual basis. The proposed Comcast and NBCUniversal separation announced on 29 June 2026 will break comparability again.
- 9Comcast discloses no geographic revenue split usable for pay benchmarking, so no regional revenue panel is shown.
- 10The share price of $27.16 and the foreign-exchange rates are a single 26 August 2026 snapshot used for presentation, not transaction rates, and every local-currency figure moves with them.
FX rates used — 1 USD equals, snapshot 2026-08-26
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 — 20 sources
| A1 | Comcast 2026 Proxy Statement (DEF 14A) · Comcast Corporation via SEC EDGAR · Filed 24 April 2026. Executive pay, bonus design and outcomes, performance share unit grants, pay ratio, equity-plan pools and non-employee director compensation. |
| A2 | Comcast 2025 Annual Report on Form 10-K · Comcast Corporation via SEC EDGAR · Filed 3 February 2026. 179,000 full-time equivalents, global footprint, revenue, share-based compensation expense, grant and vesting activity, 24,000-plus award recipients and employee resource groups. |
| A3 | 2023 Omnibus Equity Incentive Plan, amended and restated · Comcast Corporation, SEC exhibit · 21 October 2025. Permitted award types, exercise pricing and plan administration. |
| A4 | Comcast 2002 and Comcast-NBCUniversal 2011 employee stock purchase plans · Comcast Corporation, SEC exhibits · Amended 14 May 2024 and 18 June 2025. The 15 percent lookback mechanics, quarterly offerings, the $25,000 annual purchase cap and entity scope. |
| A5 | Comcast Non-Employee Director Compensation Plan · Comcast Corporation, SEC exhibit to the 2026 proxy · 2026. Retainers, stock awards, committee fees and the share ownership requirement. |
| A6-A10 | SEC Forms 4 for Nakahara, Cavanagh, Roberts, Armstrong and Breen · SEC EDGAR · February to August 2026. Insider sales, option exercises, stock-unit settlements and charitable gifts. |
| A11-A14 | AT&T, Verizon, Charter and Disney 2026 proxy statements · SEC EDGAR · 2026. 2025 peer chief executive compensation totals and the Charter award-timing context. |
| A15 | Comcast press release on the proposed Comcast and NBCUniversal separation · Comcast investor relations · 29 June 2026. The proposed transaction and the planned leadership split between Michael Angelakis and Michael Cavanagh. |
| A16 | Sky Deutschland transaction completion announcement · Company announcement · 31 May 2026. Germany's move to legacy transition status. |
| A17 | Versant separation completion announcement · Comcast and Versant · 2 January 2026. Spin completion and the start of Cavanagh's Co-CEO tenure. |
| B1-B2 | Levels.fyi Comcast software engineering, management and product ladders · Levels.fyi · August 2026. United States level and total-compensation anchors from Engineer 1 through Executive Director. |
| B3 | Comcast current job postings · jobs.comcast.com · August 2026. Location-specific base ranges under state pay-transparency rules, experience requirements and bonus-eligibility language. |
| B4 | Comcast India Engineering Center careers material · Comcast · August 2026. Chennai hub status, functions served and the official India benefit list. |
| B5 | Levels.fyi, Glassdoor and 6figr India records · Salary aggregators, employee-reported · August 2026. India compensation anchors underpinning the Chennai calibration. |
| B7 | Sky, Levels.fyi, Glassdoor and Indeed United Kingdom records · Company materials and salary aggregators · August 2026. United Kingdom compensation anchors and the Sky pension, medical and Sharesave benefit terms. |
| B8 | Fair Work Ombudsman, Australian Taxation Office and Services Australia · Government of Australia · 2025 and 2026 rules. The 12 percent superannuation guarantee, four weeks annual leave and the 2026 Paid Parental Leave entitlement. |
| B10 | MyVisaJobs employer profile for Comcast Cable Communications · MyVisaJobs · Updated 18 August 2026. Application counts, USCIS outcomes, average offered and prevailing wages, top worksites and most common sponsored titles. |
| B11 | H1BData.info Comcast Cable Communications 2025 record set · H1BData.info · 2025 filings. 589 salary records, the $131,685 median, the quartiles and the wage distribution buckets. |
| N1 | Reuters and industry reporting on the Connectivity and Platforms restructuring · Reuters · 19 September 2025. The reported removal of a management layer and job reductions beginning in 2026. |
| M1 | Market price and foreign-exchange snapshot · Market data including European Central Bank reference rates · 26 August 2026. The $27.16 share price and every currency conversion in this report. |
Recent News & Workforce Trend
Three structural transactions inside eighteen months have reshaped who Comcast employs and how its leadership is paid. Every workforce and revenue figure below precedes the first of them.
Comcast discloses no attrition rate, no company-wide salary increase percentage and no city-level headcount, and reports no company-wide pay freeze or salary cut. The only workforce reduction with a public source is the September 2025 Connectivity and Platforms restructuring, which Comcast has not quantified. The roughly 3,000-person year-on-year decline is therefore the only measurable workforce signal in the filings.
The planned transaction would put Michael Angelakis in charge of Comcast and Michael Cavanagh in charge of NBCUniversal after completion. It creates two separate peer sets, leadership structures and equity vehicles, and rebaselines retention awards and future grants for the entire officer population.
Germany moves to legacy status for Comcast compensation modelling. Munich and Unterföhring employees are now with a successor employer, and their benefit terms should be confirmed there rather than against Comcast material.
Jason S. Armstrong exercised at about $28.38 and sold 4,494 shares at about $31.73 on the same day. The exercise price is consistent with the legacy option overhang rather than any recent grant.
The largest insider transaction in the reviewed period, across direct and trust holdings at about $28.38, with a related trust selling 57,947 shares at about $32.66 the same day.
Comcast moves to a two-chief-executive structure with Brian L. Roberts as Chairman and Co-CEO. Cavanagh's base salary rises to $2.75 million. The 2025 workforce and revenue figures in every filing are pre-Versant and have not been restated.
The special performance share unit grant of 1,257,234 target units, with a 3,143,085 maximum, was approved in December 2025 in addition to his $20.41 million annual grant. It is the single largest equity award in the 2025 proxy and the reason his reported total reaches $71.76 million.
Reporting indicated the removal of a management layer and job reductions beginning in 2026. Comcast did not publicly quantify the affected headcount or the savings, so the effect on the director and senior manager population is unmeasured.
The Comcast-NBCUniversal plan's share authorisation increased by 10 million shares, leaving 12,798,717 available at year end. It is the vehicle covering the NBCUniversal employee population.
The main award vehicle was amended and restated, and carried 188,574,542 shares available at 31 December 2025, an indicative $5.12 billion at the August 2026 snapshot price.
Every one of the nine disclosed directors shows exactly $240,016 of stock for 2025, on top of a $120,000 cash retainer, $15,000 committee-member fees and $40,000 committee-chair fees.
An open-market sale at about $29.70 for $245,768, the only non-executive open-market sale in the reviewed period.
Brian L. Roberts transferred 204,100 shares on 5 August 2026 and Edward D. Breen 62,440 shares on 17 August 2026, both at zero-dollar transaction codes with no cash proceeds.