Management Rewards Rise Considerably

Politics ♦ Published: September 21, 2011; 15:56 ♦ (Vindobona)

In 2011, Austrian managers benefit from an increase of their salaries by 4.1% on average. Most of the Austrian managers receive additional payments.

Management Rewards Rise Considerably / Picture: © Vindobona.org

In 2011, basic salaries grew by 4.1%. What is more, 93% of executives receive bonuses. This is the outcome of a study of the HR-advisor Kienbaum Consultants. By contrast, the wage increase for metal workers will amount to 3% this year – according to the offer of the metal industry´s representatives.

“The basic salaries of Austrian executives grew substantially stronger than…