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Chief executives in the US have total salary and incentives packages typically one and three quarter times the size of those of their European equivalents – almost €9.7 million compared to €5.6 million in Europe. Base salaries for chief executives tend to be lower in the US than in Europe – but bonuses and long-term incentives are much bigger in the US. Hay Group conducted a study of the pay of chief executives which provides a clear picture of their rewards. The report (requires registration) analyzes executive compensation data from the largest European and US companies (50 of each). It covers:
- Base salary
- Annual incentive plans
- Total cash
- Long-term incentive plans
- Total direct compensation
The report also looks at fees paid to European chairmen and non-executive chairmen.
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