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Managers' Salaries Reach Pre-Crisis Level
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Published: May 18, 2011; 20:59 ♦ (Vindobona)
CEOs in Austria earned € 186,000 on average in 2010. The decline of the previous years has been made up for.
Managers' Salaries Reach Pre-Crisis Level / Picture: © Vindobona.org
After a significant drop in 2008 and 2009, managers‘ remuneration has increased again for the first time in three years and is now back to the pre-crisis level. In 2010, CEOs of Austrian companies earned an average of € 186,000 – € 140,000 from basic salaries and € 46,000 in variable rewards – which corresponds to an increase of 5%. This was revealed by a survey among 550…
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