These German CEOs earn the biggest salaries compared to their workers - News Summed Up

These German CEOs earn the biggest salaries compared to their workers


In 2016, CEOs at Germany’s biggest companies earned on average 93 times as much as regular employees, according to an analysis published by business newspaper Handelsblatt on Tuesday. Earning €8.4 million a year, Scheifele pocketed 190 times the average salary at the company, which stood at €44,300. Müller earned €10.1 million in 2016 - 170 times the average salary at the company, and the second highest discrepancy behind Scheifele. CEO salaries are likely to become a theme of September's national election. The Social Democrats (SPD) are calling for a legal ratio of employer to employee salaries to be agreed upon with employer federations and unions.


Source: The Local April 04, 2017 09:45 UTC



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