2007-09-13 03:51:35 · 3 answers · asked by Jokerx 1 in Politics & Government ➔ Government
Assuming you mean the president of the United States, he gets paid $400,000 since 2001.
The chief executives of America's 500 biggest companies (as measured by a composite ranking of sales, profits, assets and market value) received an aggregate 6% pay raise last year, which pales in comparison to their 54% pay raise in 2004. In total, America’s top executives earned a healthy $5.4 billion last year.
The average paycheck for last year for each boss works out to $10.9 million. For the group of 500 as a whole, aggregate stock gains accounted for 51% of total compensation, versus 53% a year ago. The average boss realized $5.6 million from exercising options last year.
According to Business Week, the average CEO of a major corporation made 42 times the average hourly worker's pay in 1980. By 1990 that had almost doubled to 85 times. In 2000, the average CEO salary reached an unbelievable 531 times that of the average hourly worker.
"Pay for performance", tying executive compensation to the financial success of their company, has become very popular in the past decade. In the face of the largest bull market ever, that isn't surprising. It also isn't realistic. What CEO honestly believes that all or most of the appreciation in value of their company is due to their own talent?
ZD Net's Total Compensation Vs. Total Return To Shareholders chart (no longer online), shows that total return to shareholders was higher for many companies whose CEO compensation was under $500,000 than for companies who paid their CEOs multi-million dollar compensation.
2007-09-13 04:07:07 · answer #1 · answered by ghouly05 7 · 2⤊ 0⤋
I think it is about $200,000 but it is probably more now.
2007-09-13 03:59:55 · answer #2 · answered by pooplin 2 · 0⤊ 2⤋
400K
2007-09-13 03:54:36 · answer #3 · answered by ed 7 · 3⤊ 0⤋