Re:Gender pay gap is closing among top CEOs in Germany: men ...
by lukastr0 on Monday November 14, 2022 @05:54AM
(#33592386)
I'm confused. The title says this is about the pay gap among top CEOs. But all the charts in the presentation are about payment of board members EXCLUDING the CEO. Am I missing something, or is this title wildly inaccurate?
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Re:Gender pay gap is closing among top CEOs in Germany: men ...
by fweimer on Monday November 14, 2022 @06:30AM
(#33592627)
It's not about board members in the sense the term is used for U.S. public corporations. “Executive team” or “C-level employees” would probably be more accurate for comparison. These people are typically full-time employees of the corporation. Not external directories, no-show jobs, or anything like that.
German public corporations have a separate board representing stakeholder interests. It's not a full-time job (typically just a few meetings per year, and in theory some legal responsibility), and some of the board members are not employed by the corporation. Considering the time commitment, typical compensation for board members is still very, very generous, but much lower annually than the numbers quoted in the report.