Founded in 2002 and publicly listed in 2018. Sonos develops and manufactures smart speakers which play music in multiple rooms simultaneously.
In 2019 the median pay for a worker at this company was US$145,694. The CEO was paid 79 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989. A lower pay ratio could indicate a company is dedicated to creating high-wage jobs and investing in their employees for the company's long-term health.
Source: AFL-CIO (2020)
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
This company has sustainability claims on its website in the areas of product designs, reducing environmental impact, and workers rights.
Source: company website (2020)
|Revenue||US$1.26 billion in 2019|
|Employees||1446 in 2019|
|Address||Santa Barbara, California, USA|
Products / BrandsSonos
Sonos Smart Speakers