Monday, July 05, 2010

Pays of CEOs

Hi Mr. Tan,


Here's an article from BusinessWeek that you might be interested in:
http://www.businessweek.com/magazine/content/10_28/b4186014341924.htm
It speaks about the salary disparity between CEOs in Japan vs. other developed countries.
JD

Hi Mr. Tan,

What is weird about this statistic is that Japan is known to have relatively high entry and mid-level salaries. If they have a much lower high-end salaries, it means that the ratio of lowest-to-highest salary will be very low. Of course, there are many other factors to consider (low supply of manpower, high cost of living, etc.) but they apply both ways.
JD
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1 comment:

Anonymous said...

We should have a 2-track pay scheme.

For oligopolistic domestic companies (eg. Telecoms, Bus, MRTs, Taxi, Consumer Banks, Insurance, etc), CEOs and their salepeople should be paid like civil servants 15 years ago. So that they will be so boring that they will not think of new ways to exploit local consumers.

For export oriented companies (eg. Electronics, Private Banking, etc), CEOs and their salepeople as high as their performance justifies. So they they are incentivized to look for overseas sales and grow our economy.

July 12, 2010 3:37 PM

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