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  • fuckedgaijin ‹ General ‹ F*cked News

Money for nothing: 32 million yen/yr is average

Odd news from Japan and all things Japanese around the world.
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Money for nothing: 32 million yen/yr is average

Postby Taro Toporific » Mon Jul 05, 2004 8:52 am

Average Director compensation is JPY32mTerrie's Take/Sunday, July 04, 2004 Issue No. 285
The Nikkei has released a survey showing that the average yearly compensation paid to directors of Japanese listed companies is JPY32m ($290,000). The actual amounts ranged from JPY200m ($1.8m) at Nissan, down to JPY10m ($90,000) at the lowest firm in the 100-company sample. In the same survey, the Nikkei determined that the average annual employee salary was JPY8m ($72,700), thus giving a director-employee differential of about 4 times. In comparison, the Nikkei reckons that US companies have a differential of more than 20 times.
Via Nikkei.co.jp, Jul 3, 2004. Moronically DANGEROUS "free" registration with credit card requested http://www.nni.nikkei.co.jp/AC/TNKS/Nni20040702D02JFF02.htm
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