The directors cut

November 2004
Cabinet Maker;11/26/2004, Issue 5416, p21
Trade Publication
The article presents information about the wages of managers in different companies. The difference in wages depends on whether the firm is private or a plc. By their nature, the listed firms are larger and the rewards are equally larger. For all the discrepancy between elite salaries, two key trends emerge. If one runs a very large company, one will earn a large amount and if one owns a smaller company, one will earn disproportionately more than larger rival. Ownership tends to make chief executives more expensive, those who are simply in charge tend to cost less.


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