From the top down, salaries are on the decline, new survey says

From the top down, salaries are on the decline, new survey says

McDonald’s chief executive Jim Skinner’s 2008 compensation package of $13.6 million—including a base salary of $1.3 million and $4.6 million in bonuses—was reportedly up 73 percent compared with the prior year. But the quick-service executive was one of few in the industry to see such a generous pay raise.

More typical were executives like Harald Herrmann, president and chief operating officer of

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish