Are we getting enough?

June 1984
Management Services;Jun84, Vol. 28 Issue 6, p5
The article focuses on various happenings related to management services in Great Britain as of June 1984. It is well known that by and large, British executives are rewarded financially far less generously than their counterparts in some other countries, according to a survey report published in Fortune magazine in March 1984. The survey which covered executive salaries world-wide shows Great Britain to be nearly bottom of the league, beaten to that position by Japan and Mexico. The survey concentrated on two main groups - middle and upper middle executives although chief executives salaries were also examined. While the report admits that accurate comparisons are difficult due to fluctuating exchange rates, perks, cost of living, taxation and such things as share options it is clear that British managers fare badly when remuneration is extended to the standard of living it affords. A chief executive in India, for example, although only knocking up about 6,200 pounds a year could also be getting, in terms of perks, a rent free house, chauffeured car, two full time domestic servants, a 24 hour house guard and membership of several clubs.


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