Turbulent year Affects Pay Levels
Tags: EXECUTIVE compensation; CHIEF executive officers; WAGES; INCENTIVES in industry; FINANCIAL services industry; WALL Street Journal
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The article criticizes the manner in which companies determine the pay of their chief executives. In the author's view it makes little sense for firms to base executive compensation on corporate earnings. He also believes executive pay should not be based on performance relative to an industry...
- Paid to Perform. // New Zealand Management;May2004, Vol. 51 Issue 4, Special Section p6
Provides information on a survey on CEO salary in New Zealand conducted by Sheffield, a senior executive recruitment company. Difference in the compensation of CEO in Australia and New Zealand; Percentage of New Zealand CEO who are employed by offshore companies due to higher compensation;...
- Survey Shows Real Change in CEO Pay. Marshall, Jeffrey; Heffes, Ellen M. // Financial Executive;Jun2004, Vol. 20 Issue 4, p13
The article discusses a study the 350 largest public companies in the U.S. regarding changes in the wages of chief executive officers (CEO). The 2003 edition of the "The Wall Street Journal/Mercer Human Resource Consulting CEO Compensation Survey," was published in April 2004 in "The Wall Street...
- There still are benefits to being a CEO. Suttell, Scott // Crain's Cleveland Business;4/13/2009, Vol. 30 Issue 15, p10
The article presents the author's views on the effect of recession on the salaries and expenses of chief executive officers (CEOs) of the companies in the U.S. The author says "The Wall Street Journal," in an April 3, 2009 story "For Some CEOs, the Perks Keep Flowing," noted that despite...
- Recon. // Mother Jones;Nov2005, Vol. 30 Issue 6, p18
This article discusses the compensation package given to top executives in the U.S. In 2004, the average salary for top CEO was $11.8 million, 431 times that of the average worker. Chief executives in the struggling automobile industry have a median income of $4.2 million, up 72% from 2003....
- That's Where the Money Is. Kosterlitz, Julie // National Journal;2/16/2008, Vol. 40 Issue 7, p15
This article focuses on chief executive officers (CEOs) of trade associations in the real estate and financial services sectors who earn more than $1.2 million. These group makes up 28 percent of the top 50 executives in the biennial salary survey by the "National Journal." These leaders are...
- The money market shines. // Money Management;4/14/2005, Vol. 19 Issue 12, p18
Reports on a survey indicating that fund managers are the leaders in lucrative salary packages among the financial services providers of Australia as of 2005. Lucrative remuneration enjoyed by investment specialists; Salary range of portfolio managers; Salaries of chief executive officers;...
- Solid Growth in Packages, Especially Cash Elements. Stoneman, Bill // American Banker;5/6/2004, Vol. 169 Issue 87, p8
With the stock market snapping back to life, bank profitability remaining strong, and the insurance industry steering clear of disasters, pay raises for financial services' chief executive officers (CEOs) easily outpaced the average for CEOs across corporate U.S. last year. The average...
- UK private sector CEOs average 6% rise in salaries. // Personnel Today;10/17/2006, p63
The article reports that there has been an average 6% rise in salaries of private sector CEOs in 2006 in Great Britain. According to business consultancy KPMG's Survey of Directors' Compensation 2006, the current average basic salary for a Great Britain chief executive working in an FTSE 100...
