The simple answer to this is that CEO salaries and benefits are based on industry standards. For whatever reasons, CEO salaries at many large corporations have become inflated. That trend continues as companies compete - if a CEO can earn millions more at another company, he or she is unlikely to continue working for a company offering lower compensation.
Chat with our AI personalities
salaries
the law of supply and demand dicate different salaries
Indirect labor
One pro for CEO compensation is the fact that it is tied to the performance of the organization. One con about CEO compensation is that they get paid handsomely even when the business isn't performing as it should.
salaries
CEO salaries tend to be high because of their level of responsibility within the company. Some would argue that CEO salaries tend to be inflated beyond what the role of CEO is actually worth, but this really just depends on the individual company and it's CEO.
*are
This depends on the company, industry, etc. Both CEO salaries tend to be high, but the salary of a CEO at a small non-profit agency will certainly be much lower than the salary of a CEO at a large, multi-national corporation.
They are usually, but not always, determined by a salary compensation plan which is created to be reflective of salaries of like positions in the community in which the agency is located.
Some of the CEO's in America with the highest salaries are Eric Schmidt and Ralph Lauren. Other people among the echelon of the richest executive officers are Leslie Moonves, Steve Ballmer and Tim Cook.
they are c*nts
Congress has the power to determine the salaries of representatives.
All companies have determined what all of their starting salaries will be for each position. A person can get raises after showing their value.
Yes Boards of directors set the CEO's compensation. This is usually done as part of a compensation plan that is aligned with the salaries of similar leaders in their community and their field.
The average American CEO-salary is $15 200 000. Most of the CEO's salaries are way lower, for instance the CEO of Dell Computer, he's earning aroung $100 000 a year, so the $15,2 million average salary are sharply drawn up by the CEO's earning $20-30-40-50 000 000.
The highest paid CEO in 2012 was Lawrence J. Ellison of Oracle Corp. The second highest paid CEO in 2012 was Elon Musk of Telsa Motors Inc. The third highest paid CEO of 2012 was Mario J. Gabelli of Gamco Investors Inc.
The average American CEO-salary is $15 200 000. Most of the CEO's salaries are way lower, for instance the CEO of Dell Computer, he's earning aroung $100 000 a year, so the $15,2 million average salary are sharply drawn up by the CEO's earning $20-30-40-50 000 000.