TITLE

Boss Envy

PUB. DATE
March 2006
SOURCE
Money;Mar2006, Vol. 35 Issue 3, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article presents statistics from a survey taken of workers' attitudes about their bosses. 54% of the workers said they couldn't be paid enough to take their bosses' jobs. 21% of the workers said they pitied their bosses. Another survey showed that CEO's salaries and bonuses increased by 14.5% in 2004 and the average American worker's pay increased by 3.7%.
ACCESSION #
19645716

 

Related Articles

  • CEOs Given Raises for Implementing Layoffs.  // USA Today Magazine;Dec2006, Vol. 135 Issue 2739, p11 

    The article reports on the increased salaries received by CEO who implemented layoffs in the U.S. Specifically, for the year after a layoff occurs, CEO of the 229 firms studied received 22.8 percent more in total pay than CEO of firms that did not have layoffs, reports finance professor Craig...

  • CEOs get better pay, fewer perks, more scrutiny. Beene, Ryan // Crain's Detroit Business;6/30/2008, Vol. 24 Issue 26, pE5 

    The article reports that the total compensation for the highest-paid chief executive officers (CEOs) in Detroit, Michigan continues to increase. The median total compensation for the 50 highest-paid CEOs in the region increased by 8.5 percent to $2.3 million in the year 2007 from $2.1 million in...

  • What is a CEO worth? Don't look to peers. ELSON, CHARLES M.; FERRERE, CRAIG K. // Directors & Boards;2011 3rd Quarter, Vol. 35 Issue 5, p40 

    The article discusses the controversy over executive pay in the U.S. It emphasizes that the reliance of boards on data that show pay at comparable enterprises increases pay to the levels that have created shareholder outrage. It stresses that understanding the internal mechanism of the pay...

  • Labor Scene Tempers Restaurant Raises: Study.  // Restaurant Business;7/15/2004, Vol. 103 Issue 11, p21 

    Only 47% of restaurant employees were awarded salary increases last year, far below the 73% of managers who saw a bump in pay, according to a new report on industry compensation trends. The study, produced by a research company here called People Report, found that restaurant-company executives...

  • Pressure is building to better align CEO pay with performance.  // Corporate Board;Jul/Aug2006, Vol. 27 Issue 159, p27 

    The article discusses the result of the "2005 CEO Compensation Survey," conducted by Mercer Human Resource Consulting in the U.S. The survey indicates that the median CEO base salary remained flat at $975,000. Moreover, almost one-third of the CEOs received no base salary increase during the...

  • Varga Praised, Rewarded For Leadership. Emrich, Anne Bond // Grand Rapids Business Journal;9/5/2006, Vol. 24 Issue 36, p14 

    The article reports on the salary increase of Peter Varga, CEO of the Rapid, in September 2006. Varga has exemplified work performance that exceeded board expectations such that the board offered a unanimous vote to give him a raise and a 6 percent bonus for the year. Effective October 1, 2006,...

  • CEO packages outperform market.  // BRW;10/5/2006, Vol. 28 Issue 39, p15 

    The article discusses a study by the Australian Council of Super Investors that reveals that chief executive pay packets have escalated by 73% in the last five years. This outstrips the 43% return earned by shareholders in the same period. According to the study, only the best stock market...

  • CEO pay hikes are chintziest since '02.  // Crain's Detroit Business;5/28/2007, Vol. 23 Issue 22, pE18 

    The article reports that compensation raise of chief executive officers (CEO) in the U.S. averages at less than ten percent in 2006. According to the survey conducted by Portland, Maine-based Corporate Library, the 2006 median total compensation for CEO rose by only 9.3 percent, down from the 16...

  • CEO salary explosion.  // BRW;2/2/2006, Vol. 28 Issue 4, p80 

    The article reports on the results of the research concerning average salary of chief executives, conducted at the University of Sydney in New South Wales. Findings revealed that salaries of CEO's in 51 listed companies has increased 564 percent to 3.4 million dollars in the past 15 years. It...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics