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Management Board Salaries Increased by 13.2% in 2010
Markets ♦
Published: November 29, 2011; 22:04 ♦ (Vindobona)
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Salaries for a company’s board members totaled € 3.4m, while compensations for supervisory board members amounted to € 182,000 on average.
Management Board Salaries Increased by 13.2% in 2010 / Picture: © Vindobona.org
In 2010, the salaries of management board members of Austrian stock-listed companies increased by 13.2% on average compared to the year before. The average total salaries of a prime market company’s board amounted to € 3.4m or 1.3% of the profit from ordinary activities, according to calculations of the investors association (IVA, Interessenverband für Anleger).
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