Bloomberg reports that its ranking of CEO compensation at companies filling benchmark indexes in 25 of the world’s largest economies shows the biggest paychecks - by far - are written in the U.S.
Heads of S&P 500 businesses get pay packages averaging $16.9m, about 2.6 times more than what their counterparts reap abroad. The figures show that CEOs in SA and India take home more pay when this is compared to the estimated income generated by an average worker - out-earning their American colleagues on a relative basis. The deck gets shuffled a bit in a second Bloomberg ranking, comparing CEO pay to estimated income generated per person - a rough gauge of what chiefs get relative to the society where their companies are listed. That puts pay for CEOs in SA and India ahead of the US.
- Read this report by Wei Lu and Anders Melin in full at BusinessLive
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